The crypto company tied to the US president and his family unlocked 24.6 billion tokens, making their holdings worth about $5 billion.
An entity tied to US President Donald Trump’s family now holds about $5 billion worth of World Liberty Financial’s governance token (WLFI) after a significant unlock on Monday.
According to World Liberty Financial’s website, DT Marks DEFI LLC and “certain family members” of Trump held 22.5 billion WLFI tokens. The company reported unlocking 24.6 billion WLFI tokens on Monday as part of a scheduled move to establish an initial circulating supply, briefly boosting the price to $0.40 before it fell to about $0.21 at time of publication.
World Liberty previously said the holdings of its founders — including Trump and his three sons, Donald Trump Jr., Barron Trump and Eric Trump — would initially remain locked. However, Monday’s unlocking effectively gave the Trump family’s stake a valuation of about $5 billion based on the WLFI price at the time of publication.
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