A company connected to former President Donald Trump has reduced its ownership in the cryptocurrency venture World Liberty Financial (WLFI) from 60% to 40%, according to a review of website updates conducted by Forbes. The change occurred sometime after June 8, though no formal public announcement accompanied the adjustment.
The ownership update was noted on World Liberty Financial’s website, where language referencing DT Marks DEFI LLC’s stake was revised to reflect the lower percentage. The quiet nature of the move has raised questions about the extent of Trump’s ongoing involvement in private business operations while maintaining a high public profile.
Origins of the Entity and Ownership Restructuring
DT Marks DEFI LLC, formerly known as DT Tower II LLC, was originally formed by Trump in 2016. Initially, Trump was the sole owner of the entity, holding a 100% stake in it. However, after a restructuring process involving family members, that stake was reduced to 70%, with Trump’s relatives acquiring 30%.
The latest reduction to a 40% stake represents a further distancing from direct majority control, although the reasons for the change were not disclosed. The shift appears to have taken place with little attention, communicated only through a subtle revision of publicly available information on the venture’s website.
Continued Business Links Amid Public Life
The reduction comes amid ongoing scrutiny of Trump’s business entanglements during and after his presidency. While not unusual for public figures to maintain financial interests, the lack of transparency surrounding such changes has drawn attention, especially as Trump remains an influential political figure.
World Liberty Financial positions itself within the expanding digital currency market, although its operations and performance remain relatively obscure. The firm’s links to the Trump family have attracted sporadic media attention but have not been the focus of official disclosures or regulatory filings.
