Eric Trump announces WLFI's investment in the meme coin TRUMP, strengthening the presence of the digital asset.
The Trump family abandons the cryptocurrency wallet project and focuses on the coin $TRUMP for long-term growth.
WLFI's acquisition of TRUMP signals the growing influence of the Trump family in the cryptocurrency space.
Eric Trump has announced that World Liberty Financial (WLFI) will acquire a substantial stake in the meme coin TRUMP as part of its long-term treasury strategy. This decision comes after a recent conflict over the development of a cryptocurrency wallet branded with the Trump name, which has already been discontinued.