From Skeptics to Soaring: Trump Family’s Cryptocurrency Dive
Historically skeptical of crypto, Donald Trump has dramatically shifted stance—now backing a suite of crypto ventures run by his family that span meme coins, DeFi platforms, stablecoins, and Bitcoin mining operations.
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Meme Coins: $TRUMP and $MELANIA
In January 2025, Trump launched $TRUMP, a meme coin on Solana. Its market capitalization exploded to over $27 billion within hours, with Trump-affiliated companies holding 80% of the supply.
His wife followed suit with $MELANIA, though the coin later faced scrutiny over token distribution and liquidity concerns.
These launches raised questions about ethics and conflicts of interest, given Trump’s policy influence during the same period.
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World Liberty Financial & $WLFI Token
The Trump family co-founded World Liberty Financial, a DeFi platform issuing the $WLFI token and a stablecoin called USD1.
A Trump entity holds 60% ownership and earns 75% of coin-sale revenue, while Trump, his sons, and partners received 22.5 billion tokens.
The venture has drawn ethical criticism and allegations of political entanglements influenced by foreign dealings.
When $WLFI began trading publicly, the family’s holdings ballooned in paper value—adding about $5 billion to their net worth, even though founder tokens remained locked.
Critics warn of concentrated insider control and raise concerns about how the stablecoin USD1 was quickly adopted, including in large foreign transactions.
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American Bitcoin: Mining Meets Treasury Management
The Trump family formed American Bitcoin, a Bitcoin mining and treasury firm, which merged with Gryphon Digital Mining and is now public under the Nasdaq ticker ABTC.
On debut, its stock surged up to 110% before settling around +16%, with a market valuation estimated between $7 billion to $9 billion.
Eric and Donald Trump Jr. own about 20% of the company, valuing their stake at around $1.5 billion.
The venture includes ambitious fundraising—about $2.1 billion intended for mining expansion
