The Trump family is going full crypto—with nearly $1 billion in paper gains riding on everything from NFTs to Bitcoin mining. What started as skepticism from Donald Trump has morphed into full-blown enthusiasm, with major moves like a proposed “Truth.Fi Bitcoin Plus ETF” and a stablecoin dubbed USD1. Their crypto empire, spearheaded by Trump’s sons and CFO Allen Weisselberg, now spans World Liberty Financial and partnerships with names like Crypto.com and Hut 8 Corp.
While their vision positions the U.S. as a crypto powerhouse, critics warn of regulatory conflicts, considering the family’s political clout. Love or hate it—this move sends a clear signal: the old guard is embracing the new money.
Conclusion:
Trump’s pivot to crypto might reshape both markets and politics. The only question—will this boost or break the decentralized dream?
Takeaways:
Trump’s family holds 60% equity in a $550M crypto project.
Their firm is developing a stablecoin, ETF, and mining ventures.
Critics worry about regulatory influence conflicts.
Source: Benzinga
