The Trump family has acquired a significant share in World Liberty Financial (WLFI), drawing attention to changes in the company's leadership.
How the Trump Family Took Over World Liberty Financial
According to Reuters, the Trump family gained control of WLFI through their DT Marks DeFi LLC. In January 2025, this company acquired a 60% share in WLFI through a new holding company called WLF Holdco LLC. Under this structure, they control WLFI finances and earn the majority of revenue from operations and token sales. They are entitled to 60% of operating profits and 75% of revenue from token sales.
Growing Concerns Over WLFI’s Decentralization
WLFI was launched in 2024 to offer blockchain-based financial services, excluding traditional banks. However, the new leadership structure raises questions about the platform's decentralization. Critics argue that the Trump family's political ties could lead to conflicts of interest, making the platform less open to external investors and contradicting its original decentralized vision.
The Trump Family’s Expanding Crypto Interests
The Trump family's interest in cryptocurrency extends beyond WLFI. Donald Trump Jr. and Eric Trump launched the mining company American Bitcoin, partnering with the established Bitcoin mining firm Hut 8. By owning a substantial stake in American Bitcoin, the Trump family evidently sees blockchain technology and crypto assets as key financial opportunities.
The acquisition of WLFI by the Trump family produces mixed reactions. It signifies their growing interest in the crypto industry, while raising questions about the platform's decentralization and governance principles.
