The Trump family "earns" 620 million USD from crypto

President Donald Trump's family has brought in 620 million USD from crypto activities, accounting for 9% of his net worth of 6.4 billion USD. The DeFi project World Liberty Financial (WLFI), controlled 60% by family #TRUMP , generated 390 million USD from a token sale of 550 million USD, holding over 181 million USD in assets on Ethereum. WLFI's stablecoin USD1 is used by MGX (Abu Dhabi) to invest 2 billion USD in Binance, expected to yield 100 million USD in profit.

Trump launched memecoin $TRUMP on Solana (peak market cap 9 billion USD), generating 350 million USD in revenue, with 800 million/1 billion tokens belonging to related companies. American Bitcoin, in partnership with Hut 8, raised 220 million USD to mine and purchase Bitcoin, preparing to merge with Gryphon Digital Mining. Trump Media plans to raise 2.5 billion USD for a Bitcoin ETF and develop the TRUMP Wallet supporting BTC, ETH, $SOL .

Trump promotes a pro-crypto policy, signing a national Bitcoin reserve decree, requesting the SEC to stop suing crypto and passing the GENIUS Act. However, Congress, particularly Senator Jeff Merkley, criticizes the conflict of interest, proposing a law to ban officials from owning crypto. These activities reinforce the role of Bitcoin, stablecoins, and DeFi, but raise questions about power and transparency.

Risk Warning: Information is for reference only and is not investment advice.