According to the latest disclosure from Bloomberg, the Trump family's cryptocurrency investment portfolio has increased in value by over $620 million in just a few months. As of June this year, these digital assets accounted for 9% of the Trump family's net worth of $6.9 billion. Back in 2021, real estate made up 86% of their family wealth, but that proportion has now dropped to nearly half.

Source: Bloomberg

The report states that the largest single funding amount (approximately $390 million) came from the token sale of the family-supported company World Liberty Financial. Through its native token WLFI and the stablecoin USD1, it has raised $660 million, with Trump and his sons receiving most of the funds in early rounds of financing.

Currently, the family still holds over 22 billion project governance tokens valued at over $2 billion, although most of these tokens will take years to unlock. However, Trump's personal stake in the company has decreased from 60% to 40% in the latest adjustment, which also reduces his personal financial risk in the project.

Fields of involvement and industrial layout

In addition to token sales, the Trump family has also ventured into the meme coin market. A "Presidential Dinner" held for its first 220 holders caused the personal meme coin $TRUMP's market value to soar to $150 million, but it subsequently plummeted by 46%, dropping to its current price of $8.78. This drastic fluctuation allowed some early investors to profit, but also caused losses for latecomers.

Source: coingecko

In addition, the Trump family has made significant investments in Bitcoin mining, with their youngest son Donald Jr. and second son Eric Trump each holding a 20% stake in Hut 8 Mining's subsidiary American Bitcoin. This subsidiary received $220 million in funding to purchase mining machines and plans to go public through a reverse merger with Gryphon Digital Mining. Furthermore, the family completed a $2 billion token transaction with Abu Dhabi's MGX through the WLFI token, profiting about $100 million from this deal.

Furthermore, the family's traditional businesses are also accelerating their transformation into cryptocurrency. The Trump Media Technology Group (TMTG) received SEC approval at the end of May to issue $2.3 billion in Bitcoin bonds, including 29 million shares linked to convertible notes. In June, the company announced a $2.5 billion Bitcoin acquisition plan and applied to launch a Bitcoin and Ethereum ETF branded "Truth Social" (with a holding ratio of 75/25). Despite Truth Social platform losing $401 million last year, its valuation remains stable at around $2 billion.

Skepticism and industry perspectives

This intertwined public-private cryptocurrency business landscape has also triggered waves of skepticism among industry professionals. Critics argue that as a potential presidential candidate, Trump is promoting cryptocurrency policy while simultaneously profiting his family business through industry policies, revealing obvious issues of political and business interest exchange. Especially at a time when his media company is heavily investing in Bitcoin, the market is concerned that his political influence may undermine the fairness of regulation.

In summary, in this uncertain emerging market of cryptocurrency, finding a balance between wealth growth and maintaining public interest will be a significant challenge the Trump family faces in the future and is also a question that the entire industry needs to ponder.

#特朗普家族 #加密货币投资