The Trump family has already earned over a billion dollars from the crypto industry
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The family of US President Donald Trump has earned over $1 billion from cryptocurrency projects, including the DeFi platform World Liberty Financial and the TRUMP and MELANIA memecoins. The main profit has significantly increased the family’s fortune, with Trump’s own share of crypto assets estimated at almost $2 billion.
This is reported by the Financial Times .
The family’s central asset is the WLFI platform, launched by Donald Trump’s sons. The US President is listed on the project’s website as an “honorary co-founder.” WLFI has raised $590 million in investment in two rounds of token sales.
In June, it was reported that Trump had made over $57 million from the sale of WLFI tokens. The family’s total stake in the project reached $5 billion. According to the Financial Times, WLFI has generated over $550 million in profits since the beginning of this year alone.
There were also profits from the TRUMP and MELANIA memecoins — a total of four hundred and twenty-seven million dollars, although their price has fallen by more than ninety percent from historical highs.
The USD1 stablecoin issued by WLFI brought the family another forty-two million dollars. The stablecoin ranks fifth in terms of capitalization among all stablecoins — over two and a half billion dollars.
Donald Trump’s personal stake in Truth Social’s parent company, Trump Media & Technology Group, is estimated at $1.9 billion. The company is actively investing in cryptocurrencies and has filed for an ETF based on digital assets.
On October 15, the US approved the launch of a new crypto bank, Erebor, which, according to the Financial Times, may be linked to Trump. The bank is founded by friends of the president, including billionaire Peter Thiel, and the organization plans to work with stablecoins.
Recall that US President Donald Trump signed the historic GENIUS Act, which forever changes the rules of the game in the digital asset market . America has officially established itself as a leader in the global crypto-financial breakthrough. Stablecoins have received federal recognition, and blockchain technologies have become part of the state strategy.
By the way, since Donald Trump returned to the White House, his family’s business empire has been rapidly enriching itself . In the last month alone, companies associated with the Trump family have received at least $2 billion in profits. The sources of income are very diverse: from deals with foreign governments to dubious cryptocurrency and exclusive clubs.
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