Trump family seems to be strengthening its control over WLFI. WLFI was announced by Trump before taking office, but is still in the development stage. According to a report released by Reuters on Monday, the Trump family further consolidated their control over World Liberty in January by establishing WLF Holdco LLC. DT Marks DeFi LLC, an affiliate entity of Trump and some of his family members, holds 60% of the shares of the new company WLF Holdco LLC, while WLF Holdco LLC holds the sole membership interest in WLFI, responsible for overseeing the development and operation of the WLFI governance platform. Although it is currently unclear who owns the remaining 40%, this adjustment seems to no longer make WLFI co-founders Zak Folkman and Chase Herro the controllers of the platform.

As of now, WLFI has raised a total of $550 million by selling WLFI tokens to qualified investors in the United States and non-qualified investors globally. According to documents released by the project at the time of its launch, the Trump family may receive 75% of the net proceeds from this portion of the sales.