$TRUMP The family of President Donald Trump may have reduced its stake to 40% from a majority 60% in crypto business World Liberty Financial, according to disclosures on its website.
This change was noted in recent days, just as the U.S. Senate was gearing up to pass its legislation to regulate stablecoins, such as the one operated by WLFI. Stablecoins are enjoying a moment in U.S. policy circles as the Senate just passed a regulation bill with major bipartisan numbers. As that moment approached, President Donald Trump and his family apparently offloaded about 20% of their stake in the parent company controlling World Liberty Financial, a crypto business that includes its own stablecoin.
DT Marks DEFI LLC is a company that now owns about 40% of the holding company over WLFI, down from an earlier 60%, according to the legal disclosures at the bottom of the platform's website. DT Marks DEFI is "an entity affiliated with Donald J. Trump and certain of his family members," it says.#Write2Earn