US President Donald Trump’s second term has witnessed a remarkable surge in his family’s wealth, primarily tied to a large cryptocurrency enterprise initiated by them.
According to an investigation by the Financial Times, the profits from Trump’s crypto ventures have surpassed $1 billion in pre-tax income over the past year. Eric Trump confirmed that the family’s actual earnings might be even higher.
At the core of their newfound wealth is World Liberty Financial, which has reportedly sold billions in tokens and stablecoins. This project names President Donald Trump as “co-founder emeritus” and launched plans for a crypto-lending application last year.
In June, Trump revealed earning $57.4 million from his dealings with World Liberty Financial. Following a token unlock last month, the Trump family’s stake soared to $5 billion. The Financial Times estimates that this year alone, they have earned about $550 million from WLFI.
Trump Family’s Memecoin Ventures
The family has also gained significantly from memecoins such as Official Trump (TRUMP) and Official Melania Meme (MELANIA), which have reportedly generated substantial profits through their sales.
The TRUMP memecoin is estimated to have brought in $362 million, while MELANIA is said to have earned $65 million. However, the TRUMP memecoin has seen a decrease of over 90% from its peak value, and MELANIA has dropped even more, over 99% from its highest mark.
In addition, the family secured $42 million from USD1, a stablecoin managed by World Liberty, which has become the fifth-largest stablecoin globally post-launch, with a market capitalization of $2.68 billion.
Furthermore, Trump’s stake in Trump Media & Technology Group, which is the parent company of Truth Social and a Bitcoin treasury operation, is now assessed at around $1.9 billion.
Recently, Erebor, supported by billionaire Peter Thiel, received preliminary regulatory approval to establish a bank targeting crypto, AI, and tech startups, which is believed to have associations with Trump.
Upcoming Treasury Initiatives
Reports indicate that the startup behind Trump’s official memecoin is looking to raise $200 million to form a digital-assets treasury intended for token buybacks aimed at stabilizing its value. Additionally, ALT5 Sigma Corporation announced plans to amass $1.5 billion through the sale of shares to enhance its corporate treasury for WLFI.
Aiming to maintain transparency, we will continue to monitor the developments of the Trump family’s cryptocurrency ventures.
