Trump Family Reduces Stake in World Liberty Financial Amid Crypto Surge

The TRUMP family has significantly reduced its stake in World Liberty Financial, a stablecoin venture launched in September 2024. DT Marks DEFI LLC, the Trump-controlled entity, cut its ownership from 60% to 40% in less than two weeks, following an earlier reduction from 75% to 60% in January. Market analysts speculate the move was motivated by profit-taking, with estimates suggesting the family could have netted $190 million, including $135 million for Donald Trump personally.

World Liberty Financial, positioned as a 'financial revolution,' has seen rapid growth, with its valuation now comparable to Circle, the NYSE-listed stablecoin giant. The timing of the stake sale coincides with the looming GENIUS Act, adding intrigue to the transaction. The platform's tokens, launched ahead of Trump's presidential campaign, were marketed with tight restrictions and significant hype.