Overview

• DT Marks DEFI LLC, the Trump family’s crypto holding company, reduced its equity in World Liberty Financial from 60% to about 40% according to a recent disclosure update.
• The U.S. Senate passed the first federal stablecoin framework this week, extending regulatory oversight to the project’s USD1 token.
• Senator Richard Blumenthal opened an investigation in May into World Liberty Financial’s connections to President Trump and his family.
• World Liberty Financial generated $57.4 million for President Trump in the last fiscal year, making it one of his top personal income sources.
• Analysts estimate that if valued like public stablecoin issuer Circle, World Liberty Financial could be worth roughly $1.7 billion, underscoring potential gains from the divestment.