Warren and Kim Urge CFIUS Review of UAE’s Reported $500 Million Stake in World Liberty Financial

Two U.S. senators are pressing the Treasury Department to assess national security risks tied to a reported foreign investment in crypto firm World Liberty Financial.

CFIUS Review Sought Over UAE-Linked Investment

Elizabeth Warren and Andy Kim have asked Treasury Secretary Scott Bessent to determine whether the Committee on Foreign Investment in the United States should review an alleged $500 million stake connected to the United Arab Emirates. The senators requested a response by March 5 and inquired whether any prior recommendations had been made to Donald Trump.

The reported transaction involves Abu Dhabi-based G42, which allegedly acquired a 49% interest in the firm through an affiliated entity. Lawmakers cited concerns about potential foreign access to sensitive user data, noting the company’s collection of personal information.

Expanding Congressional Scrutiny

The request follows a separate House inquiry led by Ro Khanna examining possible links between the investment and U.S. export policy decisions.

World Liberty Financial, issuer of the USD1 stablecoin, has grown rapidly since its 2025 launch and is pursuing additional financial services initiatives, including a national trust bank charter application. Company representatives have previously denied that Trump or affiliated individuals were involved in the UAE transaction.

Disclaimer

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