US President Donald Trump’s company has reduced its stake in World Liberty Financial, a key crypto venture he unveiled during his presidential campaign, from 60% to 40% over the past 11 days. The change was made without fanfare and is seen as another example of backroom deals conducted by the president or those working on his behalf while he’s in office.
Trump launched World Liberty Financial in September, promising a “financial revolution” and selling non-resaluable tokens with most proceeds going to Trump and his family members. The company set up several entities to collect money, including DT Marks DEFI LLC, where Trump owned 70% before transferring some shares to his children, Don Jr., Eric, and Barron.
The Trump Organization’s finances were being monitored due to a fraud suit, leading to speculation that the president might sell part of one of their companies, likely DT Marks DEFI LLC. In March, World Liberty announced selling $550 million worth of tokens, and in June, it unveiled another project – a cryptocurrency meant to track the US dollar.
If World Liberty were valued similarly to Circle, Trump’s stablecoin venture could be worth $1.7 billion today. The recent change in ownership might have resulted in significant profits for the president, potentially clearing $190 million if the business is valued like Circle’s was on Friday.
Source: https://www.forbes.com/sites/danalexander/2025/06/19/trump-company-reduces-its-stake-in-crypto-venture