The Trump family has taken a controlling interest in World Liberty Financial (WLFI), a decentralized finance (DeFi) project. Reuters reports that the family now owns 60% of WLF Holdco LLC, the entity overseeing WLFI's development. This acquisition effectively shifts control away from WLFI's original co-founders, Zak Folkman and Chase Herro. DT Marks DEFI LLC, affiliated with the Trump family, holds the majority stake in WLF Holdco LLC, established in January. The Trump family currently possesses 22.5 billion WLFI tokens out of the total circulating supply of 100 billion. This move marks a significant entry of the Trump family into the cryptocurrency space, raising questions about the future direction and potential impact on the WLFI project. The family's involvement could bring increased visibility but also scrutiny to the nascent DeFi platform. ```
