So in January 2025, Trump actually launched his own meme coin called $TRUMP on the Solana blockchain. They kicked things off with an ICO, releasing 200 million coins to the public. But here’s the wild part—800 million coins are still held by two companies owned by Trump. The hype was real too—the market value shot past $27 billion not long after launch.
Then there’s World Liberty Financial, a crypto exchange that popped up in October 2024, also tied to Trump. They launched a stablecoin called USD1, supposedly backed by U.S. Treasuries and similar assets. Trump’s family isn’t just casually involved—they own 60% of the company and take 75% of all the revenue from coin sales.
It’s crazy how deep he’s diving into crypto, especially with the whole #CryptoRegulationBattle debate heating up.