Trump's Cryptocurrency Empire: The Former President's Family Earned Over $1 Billion

Trump's Cryptocurrency Empire: The Former President's Family Earned Over $1 Billion

Donald Trump's family has become a major player in the world of cryptocurrencies. During the former US president's second term, they built a vast cryptocurrency empire that, according to a Financial Times report, generated profits exceeding $1 billion.

At the center of this new wealth is World Liberty Financial (WLFI), a company founded by Trump's sons together with allies from the conservative business community. The company sells tokens, stablecoins and also plans to launch its own crypto lending app. Donald Trump is referred to on the project's website as "co-founder emeritus".

Trump personally disclosed an income of $57.4 million from his participation in WLFI. According to available data, the family's stake in the project has risen to $5 billion after the recent token release. The Financial Times estimates that the family's profit from this company alone amounted to $550 million this year.

TRUMP and MELANIA Memecoins: Hundreds of Millions in Fees

The Trumps are also benefiting from the popularity of so-called memecoins. Among the most profitable are the TRUMP tokens (currently $6.10) and MELANIA ($0.12), which together have earned hundreds of millions of dollars in sales and transaction fees. According to the report:

The TRUMP memecoin brought the family a profit of $362 million

The MELANIA token earned $65 million

Although both coins have seen a sharp decline from their historical highs (TRUMP by more than 90%, MELANIA by even 99%), they remain very profitable instruments for the Trumps.

Stablecoin “1 USD” and fifth place in the global market

Another significant addition to the Trumps’ cryptocurrency portfolio is the stablecoin 1 USD, which was launched in April this year. This token quickly climbed into the top five stablecoins in the world and reached a market capitalization of $2.68 billion. The family has so far made $42 million from it.

Trump’s media company and other investments

Trump’s personal wealth has also been significantly boosted by his stake in Trump Media & Technology Group, the parent company of the social network Truth Social. According to the FT, his stake is currently estimated at $1.9 billion. The company also holds some assets in bitcoin, further diversifying the Trumps’ cryptocurrency portfolio.

Ambitions to build a cryptocurrency bank

While their crypto business grows, the Trumps are also expanding their empire into financial services. The newly formed Erebor Bank, backed by billionaire Peter Thiel and reportedly connected to the Trump family, received preliminary regulatory approval last week to launch services for cryptocurrency and technology startups.

Building a crypto treasury worth hundreds of millions

According to the latest information, a startup associated with the official TRUMP memecoin is seeking to raise at least $200 million to create a digital treasury – a reserve from which tokens could be redeemed and support their value.

A similar move is also in the works for ALT5 Sigma Corporation, which announced plans to raise $1.5 billion in equity to create a corporate treasury for WLFI.

Conclusion: The Trumps are redefining political influence in the digital age

The Trump family is showing that their influence extends beyond traditional politics. Their combination of media power, entrepreneurial instincts, and ability to leverage new technologies has brought them billions in revenue in the rapidly evolving world of cryptocurrency. Regardless of political affiliation, it is clear that the Trumps have become important players not only in Washington, but also in the digital economy of the future.

*This is not an investment recommendation.

The Coingarage Team