According to Foresight News and reported by CoinDesk, regulatory documents show that the Trump family's crypto project World Liberty Financial (WLFI) has significantly reduced its fundraising target after its WLFI token sales fell far short of expectations. The company currently plans to raise up to $30 million from investors, down about 90% from its initial target of $300 million.
An entity owned by Trump called DT Marks DEFI LLC can only receive 75% of the 'net agreement revenue' (including token sales) after World Liberty Financial has accumulated $30 million as operating capital.