Since returning to office, Donald Trump and his family have expanded their business empire across cryptocurrencies, real estate, and branded products, generating hundreds of millions in revenue. Notably, Trump launched multiple cryptocurrencies, including a stablecoin backed by a $2 billion UAE investment. These activities have sparked debates over ethics and conflicts of interest.
World Liberty Financial's $WLFI crypto tokens, linked to the Trump family, are now tradable after near-unanimous approval. While the move could boost token value and market interest, it raises conflict of interest concerns given the Trump Administration's role in shaping crypto regulations. The project faces criticism over transparency and regulatory oversight as trading details remain unclear.
American Bitcoin, co-founded by Eric Trump and Donald Trump Jr., is preparing for an all-stock merger with Gryphon Digital Mining and plans to go public on Nasdaq in 2025. This move highlights the Trump family's growing involvement in the cryptocurrency sector.