Trump family’s company cuts stake in World Liberty Financial by 20%
DT Marks DeFi LLC, a company linked to the Trump family, has reportedly reduced its stake in World Liberty Financial (WLF) by 20% over a period of 11 days. As of December 2024, the company held a 75% stake in WLF, which decreased to approximately 60% in January and further declined to 40% as of mid-June 2025. The reasons for the divestment remain unclear, but it may have generated millions in proceeds for the Trump family. This reduction comes amid increasing scrutiny from US lawmakers regarding Trump's ties to the cryptocurrency industry. WLF recently launched its own USD1 stablecoin, coinciding with legislative efforts such as the GENIUS Act, aiming to regulate payment stablecoins. The company has been at the center of controversies as Trump navigates cryptocurrency-related policies, including executive orders and legislative actions that may affect his businesses and investments.
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