Trump family takes majority control of World Liberty Financial

The Trump family would have taken control of World Liberty Financial, winning a large part of the revenues of the token sales platform and future costs.

According to an examination of changes to the company’s website reported By Reuters on March 31, two of the project co -founders, Zak Folkman and Chase Herro, were replaced by an organization in which the Trump family has a majority participation.

The Trump family company, DT Marks DEFI LLC, obtained majority control of the platform in January 2025 by acquiring a 60% share through a new portfolio company, WLF Holdco LLC.

These changes not reported before mark a major change in the ownership and leadership of WLFI. The Trump family will now control 60% of the company’s operating profits after the platform is fully operational, and they are also entitled to 75% of tokens sales income as part of the new structure.

They should receive around $ 400 million from the funds collected, according to Reuters calculations. Only 5% of $ 550 million raised Until now, will be available for the development of the platform after the co-founders have received their share.

World Liberty Financial was founded in 2024 to provide blockchain -based financial services and eliminate intermediaries such as banks. By selling WLFI, its governance token which grants holders of the possibility of voting on platform decisions, the company was able to collect funds, including an investment of $ 75 million in the founder of Tron Justin Sun.

Despite the company’s decentralized financing objectives, the platform governance structure raises concerns. Critics argue that due to the political influence of the Trump family, the company’s structure creates possible conflicts of interest. In addition, it limits a significant financial involvement of external investors.

Meanwhile, the Trump family continues to deepen their involvement in the cryptocurrency industry. With the cryptocurrency infrastructure company Hut 8, Eric and Donald Trump Jr. spear American bitcoin, a bitcoin (BTC) Mining Business, March 31. The Trump brothers hold 20% of the company, while Hut 8 holds the remaining 80%.