Foreign Funds Flood Trump Meme Coin Ventures
China, UAE, Saudi Arabia, and Qatar reportedly invest billions in Trump $TRUMP coin, sparking ethical and geopolitical concerns.
Reports indicate a surge of foreign investments into Donald Trump meme coin, $TRUMP, and World Liberty Financial USD1 stablecoin. Entities from China, the UAE, Saudi Arabia, and Qatar are allegedly pouring billions into these ventures, raising alarms about potential influence and ethical conflicts.
A Chinese-linked firm, GD Culture Group, announced a $300 million investment in $TRUMP and Bitcoin, funded through a stock sale in the British Virgin Islands. With only eight employees and no revenue, its ties to TikTok and potential Chinese government influence have sparked scrutiny, especially amid U.S.-China TikTok ban talks.
In the UAE, Abu Dhabi-based MGX, backed by state interests, committed $2 billion to Binance using World Liberty Financial USD1 stablecoin. Announced by Zach Witkoff, co-founder of the Trump family crypto venture, at a Dubai conference, this deal highlights significant Middle Eastern involvement.
Claims of Saudi Arabian investments in $TRUMP circulate, but specific evidence is sparse. Some reports link Saudi Arabia to broader Trump business dealings, like a $2 billion investment in Jared Kushner firm in 2022 or LIV Golf events at Trump properties. Direct $TRUMP investments remain unconfirmed in available data.
Similarly, Qatar is mentioned in connection with $TRUMP, but details are vague. Allegations point to real estate deals or a proposed $400 million jet donation to Trump, yet no clear link to $TRUMP investments exists in primary sources, fueling speculation over substance.
Senator Chris Murphy has condemned these investments, alleging foreign governments use $TRUMP to gain favor with the Trump administration. His Modern Emoluments and Malfeasance Enforcement Act aims to block such crypto schemes, labeling them corrupt. The Senate is investigating $TRUMP ownership and revenue.
Crypto transactions opacity complicates verification. Funds often flow through tax havens, and wallet holders remain anonymous. For example, a $2 billion USD1 wallet owner could not be identified. This secrecy hinders efforts to confirm the scale or intent of investments.
Launched in January 2025, $TRUMP peaked at $15 billion before falling to $2.7 billion. Controlled 80% by Trump-affiliated entities, it has earned over $320 million in fees. A dinner contest for top holders, offering Trump access, drives speculative buying.
Ethics experts highlight conflicts of interest, given Trump role as World Liberty Financial chief crypto advocate. While China and UAE investments are documented, Saudi Arabia and Qatar links remain less clear. Ongoing probes seek to unravel these complex financial ties.
The influx of foreign funds into Trump crypto ventures underscores tensions between politics, finance, and global influence. As investigations continue, clarity on Saudi Arabia and Qatar roles may emerge, shedding light on this contentious issue.
