Herro-Folkman entity shares a 7.5 billion-token and 25% revenue allocation
Reporting and findings
- documented
WLF's Gold Paper says Chase Herro and Zachary Folkman wholly own AMG, which together with WC Digital Fi received 7.5 billion $WLFI and rights to 25% of net protocol revenue.
- World Liberty Financial: World Liberty Financial Gold Paper — U.S. versionPages 7–8 and 12
- Reuters via Investing.com: How the Trump family took over a crypto firm as it raised hundreds of millionsParagraphs 17–24 and 66–78: control changes, revenue split, and DeFi comparison
Summary and current status
The issuer disclosed the collective allocation to AMG and WC Digital Fi and identified Herro and Folkman as AMG's owners.
AMG and WC Digital Fi held the disclosed collective allocation
People and organizations
- Chase HerroAMG co-owner and WLF executive
- Donald J. Trumpnetwork root
Relationships in this file
- Donald J. TrumpWLF service-entity owner in Trump-branded ventureChase Herro
Money trail
revenueAMG and WC Digital Fi collective net-revenue share25% net protocol revenue - Committed revenue source
- World Liberty Financial
- Committed revenue recipient
- AMG Software Solutions LLC and WC Digital Fi LLC
asset transfer$WLFI allocated jointly to AMG and WC Digital Fi7.5 billion $WLFI tokens - Transferred by / from
- World Liberty Financial
- Transferred to
- AMG Software Solutions LLC and WC Digital Fi LLC