(Reuters) – The commercial beginnings of $ WLFI, a token linked to a cryptocurrency company affiliated with sons of American president Donald Trump, threw a projector on the growing family imprint in space.
Cryptocurrency has become a recurring theme in the family’s commercial empire, even if the criticisms have reported conflicts of potential interests given Trump’s commitment to the United States the “planet’s cryptographic capital”.
The White House, however, denied any reprehensible act. All real estate of several billion dollars in Trump, golf, media and other commercial interests are in a trust managed by his children.
The president is exempt from the laws on conflicts of interest because he supervises too many areas to make the application practical, according to experts in ethics. The system is based on the effort in good faith of a president to separate his personal interests from the country when he takes office.
Here is an overview of the main incursions of the Trump family in the cryptocurrency industry:
Trump media
Trump Media & Technology Group’s social owner said in May that it had raised $ 2.5 billion thanks to a sale of stocks and bonds to buy Bitcoin, which, according to CEO Devin Nunes, is “the APEX instrument for financial freedom”.
The company plans to hold bitcoin as an active in its assessment, after a game book popularized for a long time by the strategy of Michael Saylor.
About 41% of the participation in Trump Media is owned in a trust under the name of Donald Jr., the president’s son, according to a file from the company. At the end of Friday, the participation was worth $ 2 billion.
CRO strategy of the Trump media group
Trump Media and Crypto.com have teamed up with an acquisition company for special purposes (SPAC) to launch a new company called Trump Media Group Cro Strategy which will accumulate the native token of the Crypto, CRO, on its balance sheet.
The expected financing of the new company will include 6.3 billion CRO tokens, $ 200 million in cash, $ 220 million in mandates and a line of credit of $ 5 billion in a Yorkville affiliation firm, the SPAC funder
Yorkville, Trump Media and Crypto.com will be the majority owners of the company, they said.
CRO’s market value was $ 8.7 billion on Wednesday, according to Coingecko.
World Liberty Financial
DT Marks DEFI LLC, an entity linked to the Trump family, holds nearly 38% of the company’s equity which controls World Liberty Financial and has the right to receive the lion share of its income, according to the company’s website.
It also contains 22.5 billion WLFI tokens, created by World Liberty, which fell 21% since they started negotiating on Monday. The token was valued at 6.7 billion dollars for the last time on Wednesday, according to Coingecko.
Under an agreement, the entity attached to Trump is entitled to 75% of the money collected from WLFI sales, after having covered the reserves and expenses agreed.
The Trump family has won around $ 500 million from World Liberty since the launch of the platform, according to reuters calculations based on the company’s terms and conditions, transactions drawn by crypto analysis companies and publicly disclosed transactions.
World Liberty, which presents itself as a decentralized financial platform, lists the president’s sons, Eric, Donald Jr. and Barron, as co-founders on his website.
He also issues a stable supported in dollars, called USD1, which has a market value of $ 2.5 billion, according to Coingecko data.
Same
From the perspective of its inauguration in January, Trump and first lady Melania Trump launched Memecoins $ Trump and $ Melania, triggering a frenzy of purchase while also attracting strong criticism.
Samecoins, whose value is dictated by the internet buzz or cultural relevance rather than by technological utility or fundamentals, are very volatile tokens which can offer disproportionate yields but also include high risks.
The goods values of $ Trump and $ Melania Memecoins have since dropped to $ 1.7 billion and $ 144 million, respectively, according to Coingecko, against $ 9 billion and $ 1.6 billion shortly after the launch.
The 220 main Trump’s same holders were invited to an exclusive dinner with the president of his private campaign club in May.
Nft
Trump entered the speculative space of the NFT in 2022, launching companies, including digital collection cards and brand goods.
In June of this year, Trump listed $ 1.16 million in NFT revenue, digital trading cards in her resemblance, while First Lady Melania Trump won around $ 216,700 in license costs on her own NFT collection.
American Bitcoin
American Bitcoin, a new bitcoin minor supported by Trump’s two sons should register on the Nasdaq this month after an All-Stock merger with Gryphon Digital Mining.
Eric, his brother Donald Trump Jr and Crypto Miner Hut 8 will hold 98% of the newly formed entity.
Launched by Hut 8 in March 2025, American Bitcoin promised to become “the largest bitcoin minor of pure play the largest and most effective” in the world “.
ETF Crypto
Trump Media has teamed up in Yorkville on plans to launch at least three negotiated funds in exchange – a follow -up of Bitcoin, another mixing Bitcoin and Ethereum and a third Bitcoin, Ether, Solana, XRP and CRO cover.
Dominated holdings
Eric and Donald Jr. hold a participation of almost 6.3% each in vehicles of the dominari holding cryptographic treasury, according to LSEG data. From Thursday’s fence, their shares were worth $ 6 million each.
(Report by NiKet Nishant and Shashwat Chauhan in Bengaluru; edition by Harikrishnan Nair)
