Trump Cuts Crypto Stake Behind the Scenes
2 min read
A recent Forbes analysis, corroborated by multiple crypto news outlets, reveals that DT Marks DEFI LLC—a Trump‑linked company—has slashed its stake in World Liberty Financial (WLF) from approximately 60% down to around 40% . This marks the second reduction in recent months, following an initial drop from 75% to 60% around the January inauguration . The shift reportedly occurred at some point after June 8, with no public announcement accompanying the change This quiet divestment raises speculation that the Trump family could’ve realized a payout in the ballpark of hundreds of millions , depending on valuations drawn from comparable stablecoin ventures like Circle, which debuted with a market value near $1.7 billion. Based on these assumptions, Forbes estimates the family—and potentially Trump himself—might have pocketed nearly $190 million, with about $135 million going to Trump, if WLF drew a similar valuation Since last March, World Liberty has gone public with plans for its USD1 stablecoin, attracting a major $2 billion backing from a UAE‑linked investor and sparking comparisons to Circle in market size and momentum. The project has reportedly pulled in over $550 million through token sales. Ethics experts and lawmakers are sounding alarms over whether these moves—done with little public notice—could indicate that Trump is leveraging his presidential office to benefit private business interests . Critics note that the steady divestment pattern hints at a deliberate strategy to capitalize on the project’s valuation jumps—without triggering market alarms that a full public divestment might spark. This occurs amid broader shifts: the Senate recently passed the GENIUS Act regulating stablecoins, a move that sent Circle’s stock surging 34%, and may further influence WLF’s regulatory and valuation context. Summing up: Stake reduced quietly: From ~60% to ~40% post–June 8, with no announcement. Cash-out possible: Analysts peg potential Trump earnings in the high hundreds of millions. Ethical red flags: Lawmakers warn of conflicts of interest amid overlapping presidency and crypto interests.

Source: Coinpaprika