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Trump Family Cuts Crypto Stake in World Liberty Financial
The Trump family has made a significant move in their cryptocurrency holdings, as DT Marks DEFI LLC, the entity affiliated with Donald J. Trump and certain of his family members, has reduced its stake in World Liberty Financial from 60% to approximately 40%. This information comes from updated legal filings.
The reduction marks a substantial drop of 20 percentage points since March 2025. Moreover, DT Marks DEFI LLC still retains ownership of approximately 22.5 billion WLFI tokens. The company will receive 75% of the proceeds generated from these token sales.
This move coincides with growing political scrutiny and regulatory pressure in the wake of World Liberty Financial issuing its own stablecoin, USD1, in March. This development has raised concerns among lawmakers regarding the intersection of presidential involvement in cryptocurrency markets and public policy.
The sale aligns with calls for investigations into Trump’s crypto activities. Democratic lawmakers are demanding accountability regarding personal gain and potential conflicts of interest associated with his actions.
World Liberty Financial has successfully raised roughly $550 million through two public token offerings, garnering international attention. Notably, an Abu Dhabi-based firm, MGX, announced its plans to utilize USD1 in a massive Binance deal worth $2 billion.
Source: cryptotale.org
