One of NYT's recent podcasts (The Daily) covered this, basically the Biden administration was reluctant to give the UAE access to Nvidia chips because of their close dealings with China. 2 weeks after this crypto investment, the white house agrees to give the UAE access to the chips.

Here's an article if you're interested: https://www.nytimes.com/2025/09/15/us/politics/trump-uae-chi...