Reduction of Trump family stake in World Liberty Financial stirs debate over financial entanglements.
President Donald Trump’s family has reduced its stake in World Liberty Financial (WLFI) in the last couple of weeks, Forbes reported on June 20.
DT Marks DEFI LLC, the Trump family’s main holding company for the project, has trimmed its ownership from 75% in December 2024 to about 60% by January and further down to roughly 40% after June 8, Forbes reported.
The reduction appeared in updated language on World Liberty Financial’s website and was not announced publicly.
It remains unclear whether the family directly profited from the stake reduction, but Forbes estimates suggest that a sale could have yielded tens of millions of dollars. Trump personally reported more than $57 million in income from the venture as of June, based on public filings.
The changes come as lawmakers call for investigations into the President’s financial connections to the crypto industry while his administration advances policy on digital assets.
In March, World Liberty Financial began issuing its own USD1 stablecoin, days before Congress moved forward with the GENIUS Act, legislation designed to regulate stablecoins in the U.S.
The Senate passed the GENIUS Act this week with bipartisan support, though similar measures face debate in the House, partly due to concerns over Trump’s ties to the crypto project. The president publicly urged House lawmakers to pass the bill “ASAP” in a social media post on June 19.
World Liberty Financial has raised about $550 million through two public token sales and gained international attention after an Abu Dhabi-based firm announced plans to use the USD1 stablecoin for a $2 billion investment in Binance.
While the Trump Organization and World Liberty Financial did not respond to requests for comment, observers say the lack of public statements about stake sales may help the family maintain confidence in its remaining crypto holdings.
The company’s stake adjustments have added to broader debates over conflicts of interest, as Trump and a Republican-led Congress pursue stablecoin regulations at the same time his venture expands its footprint in the sector.
Assad Jafri
AJ, a passionate journalist since Yemen’s 2011 Arab Spring, has honed his skills worldwide for over a decade. Specializing in financial journalism, he now focuses on crypto reporting.
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