đ„Trump Family Quietly Cashes Out: Crypto Holdings Drop Below 50%đ„
The Trump family has discreetly sold a significant portion of their stake in cryptocurrency firm World Liberty Financial (WLFI)âa project first introduced by Donald Trump in September during the presidential campaign, promising a âfinancial revolution.â The project offered non-resellable tokens and was structured to funnel 75% of the revenueâafter the initial $30 millionâdirectly to the family.
In July 2024, the Trump family established a complex web of affiliated companies under DT Marks DEFI LLC, which initially held 75% of WLFI. Following Trump's inauguration on January 20, a rapid token sale worth $200 million took place.
A recent Forbes report reveals that the family quietly reduced their ownership from 60% to around 40% over the past 11 days. While exact details remain undisclosed, it's estimated that the move could have netted the Trumps about $190 millionâwith former President Trump personally pocketing nearly $135 million.
Newly passed stablecoin regulations in the U.S. Senate may now further boost the value of Trump's remaining crypto assets, especially as peer firms like Circle see rising valuations.