Recent analysis highlights a shift in the ownership structure of World Liberty Financial, a crypto venture linked to Donald Trump.
Overview of the Entities
Central to this development are two key entities: DT Marks DEFI LLC and World Liberty Financial. DT Marks DEFI LLC, established by Donald Trump in 2016, initially held 100% ownership, which later reduced to 70%. World Liberty Financial is a Trump family-backed crypto venture.
Stake Reduction: From 60% to 40%
DT Marks DEFI LLC has quietly reduced its stake in World Liberty Financial from 60% to 40%. This change was reflected on the company’s website after June 8, without any public announcement. The silence surrounding this significant divestment raises questions about potential new stakeholders.
Reasons for Silence and Potential Implications
The absence of public statements about the ownership change may indicate a desire to avoid scrutiny. Possible reasons could include reducing direct association with assets or strategic restructuring. This event may impact funding and strategic direction for World Liberty Financial.
The reduction of DT Marks DEFI LLC's stake in World Liberty Financial from 60% to 40%, revealed by Forbes, underscores the ongoing intertwining of Trump family business interests and political activities.
