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Trump-Linked DT Marks DeFi Cuts WLFI Stake by 20% - Unchained
DT Marks DeFi, a firm linked to President Donald Trump and his family, quietly reduced its equity interests in World Liberty Financial (WLFI) by 20%, bringing its stake down from 60% to about 40% in recent weeks.
Although the reduction was not publicly announced, it was reflected in updated disclosures on World Liberty Financial’s website.
The move comes amid growing calls from lawmakers for investigations into Trump’s financial connections to the crypto industry.
This story is an excerpt from the Unchained Daily newsletter.
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Forbes estimates that the sale of a 20% stake could have generated about $190 million, with a significant portion of $135 million possibly accruing to Trump personally, depending on the company’s valuation and the structure of the sale.
Trump has already reported more than $57 million in income from the venture over the past year, according to public filings.