Trump-affiliated company WLFI is making headlines after cutting its stake in a high-profile DeFi project.
DT Marks DEFI LLC, linked to Donald Trump and his sons, decreased its ownership in World Liberty Financial (WLFI). The company’s share dropped from 60% to 40%, revealed by updated language on its website. This move follows WLFI’s massive $550 million in token sales and a valuation of around $1.7 billion.
The timing of the stake reduction remains unclear. However, the change was noticed after WLFI sold over $200 million in tokens in just 29 hours around the January 20 inauguration. By March, total sales reached an impressive $550 million. This surge spotlighted WLFI as a major player in crypto fundraising.
$WLFI token sales explode in early 2025
Despite losing a portion of its stake, Trump-affiliated company WLFI remains deeply involved in the project. DT Marks DEFI LLC and Trump family members collectively hold 22.5 billion WLFI tokens. These tokens grant access to a potential 75% share of token sale proceeds, net of expenses and allocations.
In 2024, Trump disclosed making $57 million from token-related profits, according to his official financial documents. While he holds no formal management role, Trump owns 15.75 billion governance tokens, giving him substantial voting power within the ecosystem.
This governance influence allows him to shape WLFI’s direction, even without a seat at the executive table. Trump’s public advocacy for crypto continues to give legitimacy to WLFI and similar ventures in the space.
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Interestingly, a financial monitor overseeing the Trump Organization was reportedly notified about plans to sell part of DT Marks DEFI’s stake. The buyer’s identity remains unknown, adding mystery to an already complex financial puzzle.
World Liberty’s bold entry into the DeFi scene reflects a larger trend: traditional power players are embracing crypto. The Trump family’s deep stake in WLFI signals confidence in blockchain’s long-term potential. Their involvement could inspire more mainstream adoption and investor interest.
As WLFI continues to evolve, all eyes remain on the Trump-affiliated company WLFI and its influence on the crypto world.