Trump’s Bet Pays Off as Family Crypto Fortune Soars Past $5B

Source Bitcoinist

President Donald Trump’s family has struck gold in the crypto market. Their flagship token, World Liberty Financial (WLFI), debuted on September 1 and instantly boosted the Trump family’s net worth by more than $5 billion.

The coin’s launch created massive buzz, with over $1 billion traded within the first hour, ranking WLFI among the world’s top 35 cryptocurrencies.

Trump is officially listed as “Co-Founder Emeritus,” while his sons Eric Trump and Donald Trump Jr., along with son-in-law Jared Kushner, hold a controlling 60% stake in the project.

The company’s branding leans heavily on Trump’s political image, featuring slogans like “Inspired by Donald J. Trump” alongside his portrait. This high valuation makes WLFI the most valuable Trump asset, surpassing the family’s real estate empire.

Economic Imbalance vs. Trump’s Billions

The launch, however, comes at a time when Americans are struggling with inflation. The USDA’s Food Price Outlook shows grocery costs are set to rise 3.4% this year, higher than the two-decade average.

Tariffs introduced under Trump’s administration have also raised household expenses, costing families an estimated $2,400 annually. As millions stretch household budgets, the contrast is striking: the Trumps are building billions in digital wealth while ordinary Americans cut back on essentials.

Senator Patty Murray criticized Trump directly on X, noting that families are “paying the highest tariff rate since 1933.”

Trump WLFI

Conflict of Interest Questions Mount

Critics argue that Trump’s dual role as president and crypto entrepreneur blurs the line between public duty and private gain.

World Liberty Financial has already partnered with the Pakistan Crypto Council and is rolling out a stablecoin (USD1) and a mobile app, further embedding itself in the financial system.

However, watchdog groups warn that the family’s vast holdings, most of which remain “locked” and not tradable, exist in untested legal territory. Meanwhile, the administration’s pro-crypto policies, such as easing stablecoin regulation, have directly benefited ventures like WLFI.

For now, the Trump family’s crypto gamble is paying off in spectacular fashion. But whether this wealth proves sustainable, or sparks deeper political fallout, remains to be seen.

Cover image from ChatGPT, WLFIUSDT chart from Tradingview

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
OpenAI Introduces Lowest-Cost ChatGPT Subscription in India with UPI Payment OptionOn Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
Author  Mitrade
Aug 19, Tue
On Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
placeholder
Oil Gains on Supply Concerns Amid Ukraine Conflict, Fed Easing HopesOil prices climbed on Tuesday as fears over supply interruptions intensified due to the escalating Russia-Ukraine conflict.
Author  Mitrade
Sept 02, Tue
Oil prices climbed on Tuesday as fears over supply interruptions intensified due to the escalating Russia-Ukraine conflict.
placeholder
S&P 500 and Nasdaq Futures Climb on Google Ruling Amid Tariff ConcernsS&P 500 and Nasdaq futures climbed modestly on Tuesday evening, fueled by strong gains in Alphabet Inc. after a court handed down a less stringent antitrust ruling than initially feared.
Author  Mitrade
Sept 03, Wed
S&P 500 and Nasdaq futures climbed modestly on Tuesday evening, fueled by strong gains in Alphabet Inc. after a court handed down a less stringent antitrust ruling than initially feared.
placeholder
Asian Currencies Flat as Dollar Softens Amid Labor Market and Fed Rate-Cut FocusMost Asian currencies slipped slightly on Thursday as the U.S. dollar recovered some of its overnight losses, driven by increasing market confidence that the Federal Reserve will reduce interest rates this month due to ongoing signs of labor market cooling.
Author  Mitrade
Sept 04, Thu
Most Asian currencies slipped slightly on Thursday as the U.S. dollar recovered some of its overnight losses, driven by increasing market confidence that the Federal Reserve will reduce interest rates this month due to ongoing signs of labor market cooling.
placeholder
Bitcoin Climbs to $111.5K as Altcoins Struggle Ahead of Payroll ReportBitcoin saw a modest rise on Friday, buoyed by gains across risk-sensitive markets as investors awaited the release of U.S. nonfarm payrolls data.
Author  Mitrade
Sept 05, Fri
Bitcoin saw a modest rise on Friday, buoyed by gains across risk-sensitive markets as investors awaited the release of U.S. nonfarm payrolls data.
goTop
quote