Bloomberg published an article titled 'Trump's $620 Million Cryptocurrency Reshapes His Wealth', revealing that the Trump family profits from digital assets faster than from traditional real estate businesses, leveraging their fame and connections.
Cryptocurrency projects like World Liberty Financial and Trump-themed meme coins have increased their wealth by at least $620 million in just a few months.
The World Liberty Financial platform issued brand tokens and the stablecoin USD1, achieving $550 million in token sales in March, with the Trump family receiving $390 million.
The family also holds 22.5 billion non-circulating tokens (valued at over $2 billion based on June trading prices), and Trump-themed meme coins are controlled by related parties who hold 80% of the supply, promoted through marketing events like 'Whale Holder Dinners'.
Additionally, American Bitcoin Company (spun off from a Trump-affiliated investment bank) plans to go public, potentially adding another source of crypto wealth for the family.