Trump Family Reduces Stake in Crypto Venture Amid Market Volatility

The Trump family has quietly reduced its stake in World Liberty Financial, a cryptocurrency venture linked to former President Donald Trump. Through DT Marks DEFI LLC, the family lowered its ownership from 60% to 40% in just 11 days, signaling a potential profit-taking move as stablecoin valuations surge.

Circle, an unrelated stablecoin issuer, saw its shares nearly triple on its public debut earlier this month. If World Liberty Financial were valued similarly, the Trump-linked business could be worth $1.7 billion. The family may have realized up to $190 million from the partial divestment, with TRUMP personally netting an estimated $135 million.

The venture launched last September during Trump's presidential campaign, promoting vague promises of financial revolution while selling non-transferable tokens. Reports indicate 75% of proceeds beyond the initial $30 million went to Trump and his relatives.