Catenaa, Sunday, June 29, 2025- A company linked to President Donald Trump has reduced its stake in a major crypto venture, trimming its equity in World Liberty Financial’s holding firm from 60% in March to 40%, according to legal disclosures reviewed on the project’s website.
DT Marks DeFi LLC, which had controlled 75% of the holding entity as recently as December 2024, has quietly offloaded part of its share amid rising scrutiny over Trump’s ties to the cryptocurrency sector.
The exact timeline of the divestment remains unclear, but it marks a 35% reduction over six months.
World Liberty Financial, launched in October 2024, manages its own WLFI token and a US dollar-pegged stablecoin, USD1. The asset has gained visibility after being used in Binance’s $2 billion deal with Abu Dhabi’s MGX and in promotional airdrops to WLFI holders.
The firm’s leadership includes Trump and his sons, Donald Jr. and Eric Trump, alongside director Zachary Folkman.
All are listed as “related persons” in filings with the U.S. Securities and Exchange Commission.
Since reentering office, Trump has faced mounting political backlash over crypto-linked fundraising events and memecoin initiatives.
In March, Senate Democrats pressed his administration to explain links to exchanges like Binance and potential compliance lapses.
His crypto-themed dinners in May have further raised concerns about potential conflicts of interest.
USD1 currently has a circulating supply of 2.2 billion tokens, per The Block’s dashboard.
Though the recent stake sale signals a shift in ownership, DT Marks DeFi remains a major stakeholder in the venture.
