The Trump family has lowered its ownership in World Liberty Financial, a decentralized finance (DeFi) company, from 60% to about 40%, according to recent legal disclosures.
DT Marks DEFI LLC, a business connected to Donald Trump and his family members, holds the reduced stake in WLF Holdco LLC, the sole owner of World Liberty Financial, Inc. The reduction likely results from a private sale or internal restructuring, though no official explanation has been given.
World Liberty Financial, launched in September 2024, develops the WLF protocol and governance platform and has been linked to the Trump family since its inception. While no Trump family members serve as officers or directors, the disclosure confirms they collectively hold 22.5 billion WLFI tokens and receive 75% of token sale proceeds after expenses. Reports indicate Trump earned $57 million from token sales in June.
The ownership change coincides with increased regulatory scrutiny. The U.S. Senate recently passed the GENIUS Act, proposing federal regulation of stablecoins like World Liberty Financial’s USD1, launched in March on Ethereum and BNB Chain networks. Senator Richard Blumenthal (D-CT) opened an investigation into the company’s ties to Trump, emphasizing the need for transparency.
No response was provided by World Liberty Financial to requests for comment.