A holding company linked to President Donald Trump’s family has been discreetly reducing its ownership in crypto startup World Liberty Financial (WLF), shedding around 20% of its shares over the last six months, according to Forbes.
Corporate records show that DT Marks DeFi LLC — an entity controlled by the Trump family — held about 75% of WLF in December 2024. By January, WLF’s website stated ownership had dropped to “approximately 60%,” and newly updated filings now place the figure at just 40% as of June 8.
While Forbes estimates the sales could total tens of millions of dollars, it’s unclear how much directly benefited the Trump family. The timing is politically sensitive: Congress is actively debating the GENIUS Act, a landmark stablecoin regulation bill. Meanwhile, ethics watchdogs are ramping up scrutiny over the president’s crypto dealings. WLF, which launched the USD1 stablecoin in March, remains at the center of that discussion.
Trump’s Crypto Links Questioned as Bill Gains Steam
The Trump family’s reduced stake in WLF comes as lawmakers intensify focus on the president’s involvement in the crypto industry. With the GENIUS Act — aimed at setting rules for dollar-backed stablecoins — advancing to the House, critics are warning of ethical conflicts tied to Trump’s financial and political interests.
WLF’s launch of the USD1 stablecoin in March drew immediate attention from regulators and investors alike. The token has since appeared in a $2 billion proposed settlement between Binance and an Abu Dhabi investment group, further elevating its geopolitical relevance.
President Trump has publicly pushed for the GENIUS Act’s passage “ASAP,” while disclosing over $57 million in crypto income from ventures associated with WLF. As the House prepares for its vote, questions are mounting over the intersection of presidential power and personal profit — especially as WLF reports $550 million raised via token sales as of March.
Analysts See Strategic Motive Behind Stake Sale
Industry observers suggest the Trump family’s move may reflect strategic recalibration rather than a full-scale crypto exit. The stake reduction could be an attempt to cash out ahead of potential regulation or to distance the family from the mounting political heat.
It also echoes a wider trend: prominent figures with crypto exposure are increasingly stepping back from high-profile projects as scrutiny intensifies. Whether driven by optics, legal caution, or shifting market strategies, the sale underscores the complex entanglement between crypto, politics, and power.
Quick Facts
- Trump-linked firm reduced WLF stake from 75% to 40%.
- The move coincides with stablecoin bill debate in Congress.
- WLF’s USD1 token cited in Binance-Abu Dhabi settlement talks.
- Trump reported $57M in crypto income tied to WLF projects.
