Trump Family to Receive 75% of Revenue from World Liberty Financial Project

The DT Marks DEFI organization, linked to Donald Trump, is set to claim 75% of the net revenue from the World Liberty Financial (WLF) crypto project launched by his family. This is stated in the gold paper, reports CNBC.

According to the document, this involves 22.5 billion governance tokens of the WLFI platform. Based on the launch price of 1.5 cents, they are valued at $337.5 million. The Trump family firm is structured as a limited liability company.

The remaining 25% is allocated to Axiom Management Group (AMG), wholly owned by the project’s co-founders Chase Herro and Zachary Folkman.

The roadmap anticipates raising $300 million with a valuation of $1.5 billion through a token sale. As of Thursday, World Liberty Financial had raised $12.9 million, including $5 million in the first hour of the presale.

Trump and his family bear no responsibility and do not hold positions as “director, employee, manager, or operator of WLF.” The project and tokens are “not related to politics.”

WLF is positioned as a crypto bank where clients can borrow, lend, and invest in digital coins.

Net income is defined as revenue from “any source, including platform usage fees, token sale proceeds, advertising, or other options after deducting agreed expenses and reserves for the continuation of WLF operations.”

Approximately $30 million of the raised funds are intended to be held in reserve to cover operating costs and other financial obligations.

According to the white paper, WLFI will be distributed as follows:

• 62.66% of the coins will be distributed through the token sale, with part of the net proceeds from the sale going into the project’s multisig wallet reserve fund;
• 17.33% of WLFI will be allocated to incentivize participation in World Liberty governance and community development initiatives;
• the remaining 20% of tokens will be given to the team, advisors, and future employees. An undisclosed portion of WLFI will be allocated to the WLF fund, Trump Organization affiliates, and Witkoff Group.

Trump and his family officially presented World Liberty Financial in September.

Subsequently, the team opened KYC for token sale participants. Due to regulatory restrictions, only accredited investors have access to the campaign. Their number reached 100,000 before the presale.

Back in August, Trump announced a plan aimed at strengthening the United States’ leadership in the cryptocurrency sector.