It seems there have been some updates regarding the Trump family's stake in World Liberty Financial (WLFI). Here’s a summary of the latest information:
Stake Reduction: The Trump family, through DT Marks DeFi LLC, has reduced its stake in WLFI from 75% to 40%.
Recent Reports: According to reports from Forbes and other sources, this reduction was noted on June 19, indicating a partial cash-out from a significant crypto venture.
Financial Impact: Despite the reduction in ownership, WLFI's revenue is still estimated to be in the millions of dollars.
This move appears to be a strategic decision, possibly reflecting broader trends in the cryptocurrency market. What are your thoughts on this development? Would you like to know more about the implications for the crypto industry or the Trump family's business ventures?