The Trump family may be selling some of its stake in the core crypto venture World Liberty Financial, as a recent report highlights a considerable share drop.
It is no longer news that the Trump family holds a majority share in World Liberty Financial, a decentralized finance business teased to upset the traditional financial giants. The family initially held up to 75% of the WLF Hodco LLC, the parent company of the crypto venture.
Specifically, the family claims the shares of World Liberty Financial under DT Marks DeFi LLC, formerly DT Tower II LLC. Recall that the firm, created in 2016, was 100% owned by Donald Trump before his sons sold 30% of it recently.
Donald Trump Quietly Selling Shares of WLFI
A Forbes report published today shows that Trump, or someone on his behalf, may have been selling his shares in the World Liberty Financial. The piece cited an unannounced reduction as disclosed on the project’s website as proof of the possible liquidation.
For context, Trump’s DT Marks DeFi LLC held 75% of the WLFI project at the end of 2024, according to a recent financial disclosure. Remarkably, the recently published statement also noted that the US president made $57 million from the DeFi venture through revenue from token sales in 2024 alone.
Meanwhile, things have changed since then. At first, the WLFI website showed on January 24 that the Trump family now owns “approximately 60%” of the company, down from the 75% mentioned earlier.
Interestingly, this aligned with an uptick in WLFI token sales prior to the inauguration, with the project selling over $200 million in 29 hours before January 20. Moreover, Forbes noted that, although unofficial reports emerged that Trump plans to sell a partial stake in some of their companies, it did not specifically mention that it was in the WLFI venture.
Trump Sells Another 20% in the Past 11 Days
Furthermore, the Thursday Forbes report revealed that the Trump family has sold an additional 20% of its shares in World Liberty Financial. Citing changes in the WLFI website, it highlighted that DT Marks DeFi LLC has further reduced its shares from approximately 60% to 40% in the past 11 days.
Screenshot from the WLFI WebsiteScreenshot from the WLFI Website
While the percentage drop does not show the actual realized amount in dollars, the Forbes report drew context from Circle’s recent stock rally after its initial public offering (IPO). The news outlet stressed that if World Liberty Financial has a similar valuation to Circle, the Trump family may have cleared $190 million, with approximately $135 million (70%) going to the President.
Recall that World Liberty Financial has entered the stablecoin market with the launch of the dollar-pegged USD1 token. The cryptocurrency quickly gained traction as a firm backed by the Abu Dhabi government invested $2 billion into the stablecoin.