One of Donald Trump’s firms has lowered its stake in World Liberty Financial over the past 11 days. The move dropped the family’s control in the crypto platform from 60% to 40%. The change came without public notice, raising questions about ongoing private dealings during Trump’s political return.
Trump introduced World Liberty Financial last September, tying it to promises of a new financial era. The platform offered non-resellable tokens. Most of the profits beyond the first $30 million flowed to Trump and his family.
Trump restructured one of his older companies, renaming it DT Marks DEFI LLC. His sons and youngest child received a combined 30% stake in it. New companies appeared in Delaware soon after, each named with their initials. These entities helped manage funds related to the crypto venture.
New stablecoin gains market strength
By the end of 2023, DT Marks DEFI LLC held 75% of World Liberty Financial. Things shifted in January. During the inauguration period, the company sold over $200 million in tokens within 29 hours. Ownership dropped to 60%.
Later in the month, a court-appointed monitor received word of a potential stake sale by the Trumps. The monitor did not get details about the buyer or price. Neither the Trump Organization nor World Liberty commented on the matter.
World Liberty kept pushing forward. In March, it claimed $550 million in token sales. Days later, it launched a stablecoin. A firm tied to the UAE president pledged to use it in a $2 billion investment, boosting the coin’s market position.
Trump-linked stake in world liberty drops
On June 5, Circle, a stablecoin company not linked to Trump, listed its stock publicly. Prices tripled on the first day. If World Liberty’s valuation matched Circle’s, it could now be worth $1.7 billion.
After June 8, another change appeared on the World Liberty website. DT Marks DEFI LLC’s stake fell to 40%. This drop hints at a large sale. Based on Circle’s market value, Trump’s group may have earned up to $190 million. Trump himself could have taken home $135 million.
There was no official statement about this latest divestment. The silence could protect remaining holdings from market reaction. With new crypto rules advancing in Congress and rising public interest in stablecoins, the Trump family may be preparing for more sales.
