The Trump family has quietly reduced its stake in World Liberty Financial, a key crypto venture, according to a Forbes report. The family's holding company, DT Marks DEFI LLC, has lowered its ownership from 60% to approximately 40% within the past 11 days. This move comes as the crypto market faces increased regulatory scrutiny and volatility. The Trump family's decision to reduce their stake may indicate concerns about the future of the crypto industry or potential risks associated with their investment. World Liberty Financial is a digital asset management company that focuses on providing financial services and products related to cryptocurrencies. The company's parent company, DT Marks DEFI LLC, has been involved in the crypto industry for several years. The reduction in ownership by the Trump family may also raise questions about their long-term commitment to the crypto sector. As the crypto market continues to evolve and face challenges, it will be interesting to see how the Trump family navigates these changes and whether they will maintain their involvement in the industry. Overall, the Trump family's decision to reduce their stake in World Liberty Financial highlights the complexities and uncertainties surrounding the crypto market. As the industry continues to grow and mature, it will be crucial for investors and stakeholders to carefully assess the risks and opportunities associated with this emerging asset class.
