The Trump family has developed a substantial presence in the cryptocurrency space, including meme coins, crypto exchanges, stablecoins, and large bitcoin holdings. Their ventures have significantly increased their wealth, with crypto assets reportedly accounting for a major portion of their net worth. The family's companies also actively collaborate with large crypto industry players and have raised billions for crypto acquisitions and initiatives. Additionally, some of Trump's sons hold board positions in affiliated crypto enterprises. Their activities have attracted both admiration and concerns about conflicts of interest.
List of Trump Family Crypto Businesses:
Trump Media and Technology Group (TMGT)
👉TMGT owns media properties and has expanded into cryptocurrency, amassing roughly $2 billion in bitcoin and related assets.
👉The group announced a $6.42 billion fundraising to acquire digital tokens, notably the Cronos token from Crypto.com.
👉TMGT partnered with Crypto.com to integrate its token and crypto wallet into TMGT platforms.
👉TMGT trades publicly under the ticker DJT.
World Liberty Financial
👉Founded by the Trump family as a crypto venture, World Liberty offers its own proprietary token called $WLFI and a stablecoin named USD1.
👉The family reportedly owns a 60% stake and a large number of $WLFI tokens.
👉Eric Trump and Donald Trump Jr. are involved on the board of affiliated companies.
👉World Liberty announced large-scale deals such as a $1.5 billion purchase plan backed by a publicly traded tech company, and a $2 billion investment from an Abu Dhabi-backed firm in the USD1 stablecoin to buy Binance stakes.
$TRUMP and $MELANIA Meme Coins
👉Released as meme cryptocurrencies linked directly to President Trump and his family.
👉These coins have generated hundreds of millions in revenue.
American Bitcoin
👉A distinct Bitcoin mining operation involving Trump's sons Eric and Donald Jr.
These crypto initiatives collectively represent a large share of Trump-related wealth and form a significant crypto empire with various public and private deals ongoing. The Trump family's crypto activities are not just investment-related but also operational with intended political and financial services ambitions.
