The Trump family's cryptocurrency venture, World Liberty Financial, has made them around $5-6 billion richer on paper. Here's a breakdown of their crypto business:

- *World Liberty Financial Token ($WLFI)*: The Trump family controls 22.5 billion $WLFI tokens, valued at $5-6 billion based on opening day prices. However, these tokens are locked and can't be sold yet.

- *Trump Organisation's Crypto Holdings*: The Trump family has multiple cryptocurrency interests, including:

- *$TRUMP Memecoin*: A memecoin with a valuation in the billions, operated by Trump-owned entities.

- *Trump Media*: A company behind Truth Social, where a Trump trust owns more than half of the shares. Trump Media engages in crypto trading and holds digital assets worth about $2.5 million.

- *Key Players*:

- *Zach Witkoff*: CEO of World Liberty Financial and son of Trump's Middle East envoy, Steve Witkoff.

- *Donald Trump Jr.*: Promoted the $WLFI token launch on social media.

- *Eric Trump*: Attended cryptocurrency events in Hong Kong and Japan to promote World Liberty's offerings.

- *Concerns and Controversies*:

- *Conflict of Interest*: Potential conflicts between Donald Trump's presidential duties and his family's expanding crypto empire have raised concerns.

- *Regulatory Scrutiny*: Critics worry about the arrangement creating opportunities for undue influence or investor expectations of political access.

The Trump family's crypto venture has been making headlines, with the $WLFI token's trading debut drawing massive volumes and scrutiny over potential conflicts of interest.¹