DT Marks DeFi LLC, a firm linked to former U.S. President Donald Trump, has quietly reduced its equity interest in the holding company behind World Liberty Financial, a controversial crypto project under growing regulatory and political scrutiny.
Equity Interest Falls from 75% to 40% in Six Months
According to updated disclosures on the World Liberty Financial website, DT Marks DeFi now holds a 40% equity stake, down from 60% in March 2025 and a significant drop from 75% in December 2024.
The exact timing of the stake reduction remains unclear, but it represents a 20% decline since March and a 35% drop in total since late last year.
This reduction comes at a time when Trump’s crypto ventures are under increasing examination, especially after the launch of his memecoin earlier this year and a series of political events involving crypto donors and stakeholders.
Political Scrutiny Intensifies
Trump’s involvement in cryptocurrency has raised ethical questions, particularly as he is currently campaigning for re-election. In March, Democratic Senators called for transparency regarding the administration’s relationship with digital asset exchanges, including Binance, citing compliance and conflict of interest concerns.
Adding to the controversy, Trump-hosted crypto-themed events in May led to allegations that financial access to the president could be gained through support for his token projects.
World Liberty Financial’s Growing Role in Crypto
Launched in October 2024, World Liberty Financial is a DeFi initiative offering both its native token WLFI and a U.S. dollar-backed stablecoin USD1.
The project recently executed a USD1 airdrop to WLFI holders, distributing 47 USD1 tokens per wallet. The stablecoin has gained traction quickly, having been used in a $2 billion investment deal between Binance and Abu Dhabi-based MGX.
As of June 19, the total supply of USD1 stands at 2.2 billion, according to blockchain data.
Trump Family and Affiliates Still Involved
Despite the stake reduction, DT Marks DeFi remains a related party in World Liberty Financial, alongside Donald Trump, his sons Eric Trump and Donald Jr, and director Zachary Folkman, as per a 2024 SEC filing.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.