Trump Family Reduces Stake in World Liberty Financial Amid Crypto Policy Advances
The TRUMP family has quietly reduced its stake in World Liberty Financial (WLFI) from 75% in December 2024 to approximately 40% as of June, according to Forbes. The move, reflected in updated website language but not publicly announced, could have generated tens of millions in proceeds. President Trump reported over $57 million in income from the venture this year.
The stake reduction coincides with growing scrutiny of Trump's financial ties to the crypto sector as his administration pushes digital asset policies. WLFI launched its USD1 stablecoin in March, just before Congress advanced the GENIUS Act to regulate stablecoins. The Senate passed the bill with bipartisan support, though House deliberations face delays amid concerns about Trump's crypto connections.