#TrumpBitcoinEmpire
The Trump family's crypto assets consist of numerous projects spread over different areas:
Trump Media & Technology Group (TMTG) has nearly $2 billion in Bitcoin reserves, accounting for more than two-thirds of the company's total liquid assets. Also, the company plans to buy $300 million in Bitcoin options. TMTG is also preparing to launch Bitcoin and Ethereum-based crypto exchange-traded funds (ETF).
Among Trump's memecoin projects, $TRUMP and $Melania stand out. $TRUMP, which was launched on the Solana blockchain, drew attention by reaching a value of billions of dollars. Most of these coins are controlled by wallets close to Trump. $Melania, on the other hand, experienced serious price fluctuations after the launch, and some investors claimed that these coins were quickly disposed of. Recently, sales restrictions on $TRUMP coins were lifted, which led to the release of about $93 million in tokens.
In addition, World Liberty Financial (WLF), another project affiliated with the Trump family, operates in the decentralized finance (DeFi) sector and has launched the token called $WLFI. The Trump family received billions of this token; It is estimated that Trump personally owns more than 15 billion tokens. The project is receiving criticism due to some transparency and foreign investor relations.
The Bitcoin mining company called American Bitcoin, founded by Trump's sons, currently has a reserve of 215 BTC. This company is acting with the goal of long-term Bitcoin accumulation and announced its IPO plans in the near future.
The common point of all these projects is that the Trump family is both an investor in the crypto market and the regulatory power in the US administration. This situation brings with it discussions such as conflict of interest, ethical problems and lack of transparency.