Donald Trump’s company has quietly reduced its ownership stake in the crypto firm World Liberty Financial (WLF), according to Forbes, raising questions about whether the Trumps are cashing out amid a booming stablecoin market and favorable political developments.
Trumps Reduce Stake in WLF
According to updates on World Liberty Financial’s website, Forbes concluded that DT Marks DEFI LLC, the Trump family’s crypto holding company, decreased its stake in WLF from 60% to 40% sometime between June 8 and June 19.
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This comes after a previous reduction in January, when the Trumps and their partners sold over $200 million worth of WLF tokens shortly before Trump’s inauguration on January 20.
A financial disclosure from late December showed that DT Marks DEFI LLC originally owned 75% of the company.
World Liberty Financial was launched in September 2024, during Trump’s presidential campaign. The project promoted a “financial revolution” and sold non-transferable tokens, with 75% of the proceeds going to Trump and his family.
It is unclear who bought the most recent stake or at what price. No public disclosures were made, and representatives for Trump declined to comment.
Token Sales and Stablecoin Launch
In March, World Liberty reported $550 million in token sales, marking a significant milestone for the firm.
Soon after, the company introduced its USD 1 stablecoin, pegged to the U.S. dollar and backed by U.S. Treasury bills, dollar deposits, and other cash equivalents.
The USD1 gained significant momentum when a UAE-based firm committed to using it for a $2 billion investment on Binance.
These developments coincided with growing interest in stablecoins on Wall Street and progress toward U.S. regulation. For example, rival stablecoin issuer Circle went public on the New York Stock Exchange, with shares surging 34% on the first day.
According to the report, if World Liberty Financial were valued similarly to Circle, the Trump family’s recent sale could have brought in around $190 million, with $135 million of which may have gone directly to Donald Trump.
Why This Matters
The quiet stake reduction, large token sales, and ties to upcoming legislation suggest that the Trump family may be positioning itself for further crypto-related gains, backed by strong market trends and favorable political winds.
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People Also Ask:
WLF is a crypto company launched by the Trump family in 2024 that sells tokens and issues a stablecoin pegged to the U.S. dollar.
USD1 is World Liberty’s stablecoin pegged to the U.S. dollar and backed by Treasury bills and cash equivalents.
Tokens that cannot be resold or traded on secondary markets, limiting liquidity for investors.
