Key Takeaways:
- Trump’s family-linked firm DT Marks DeFi LLC cut its stake in World Liberty Financial from 75% in December to 40% after June 8.
- Trump has reportedly earned over $57 million from WLF, amid growing political scrutiny over his crypto ties.
- WLF’s USD1 stablecoin and Trump’s influence are drawing controversy as the GENIUS Act moves through Congress.
A company linked to U.S. President Donald Trump has been quietly reducing its stake in World Liberty Financial (WLF), a crypto platform that launched its USD1 stablecoin in March 2025.
According to Forbes, DT Marks DeFi LLC – a company controlled by the Trump family – held a 75% stake in December 2024, which dropped to approximately 60% by January, and further to 40% after June 8.
Trump Company Reduces Stake In Crypto Venture https://t.co/HznTcXG4kF https://t.co/HznTcXG4kF
— Forbes (@Forbes) June 19, 2025
Though it’s unclear if the Trump family profited directly, Forbes estimates the sale may have brought in millions of dollars.
The timing aligns with increased political scrutiny over Trump’s ties to the crypto industry, especially as WLF’s token launch coincided with the progress of the GENIUS Act, a bill aimed at regulating stablecoins.
The U.S. Senate passed the bill with bipartisan support, and Trump publicly urged lawmakers to pass it “ASAP”, raising conflict of interest concerns.
Critics argue Trump’s executive orders and a Republican-led Congress may be advancing personal financial interests.
WLF has raised $550 million through two public token offerings and was involved in a $2 billion transaction using USD1, in partnership with an Abu Dhabi-based firm and Binance.
Trump has reportedly earned over $57 million from the venture by June.