Eric Trump Declares Crypto Truce as World Liberty Prepares Nine-Figure Blockchain Bet
Political dynasties and decentralized finance make unlikely bedfellows—but money talks louder than ideology. After months of public sparring, Eric Trump confirms the crypto cold war has thawed just as World Liberty signals a major capital deployment into digital assets.
From Feud to Funding
The détente arrives as institutional players scramble for position in what analysts now call 'The Great Rehypothecation'—Wall Street's latest attempt to repackage blockchain as their own innovation. World Liberty's pending move suggests even skeptics can't ignore the sector's gravitational pull.
The Real Deal or Political Theater?
While the investment size remains undisclosed, insiders hint at a figure that would make a hedge fund manager blush. Timing raises eyebrows though—nothing unites opposing factions like a bull market. As one trader quipped: 'Politicians hate crypto... until their donors start mining it.'
World Liberty Financial boosts holdings with $TRUMP meme coin
With the wallet flap now behind it, World Liberty Financial is pursuing a serious investment in the $TRUMP meme coin, Eric Trump says.
He said on X that WLFI intends to purchase a “good amount” of the token. That’s changed from competition to partnership, indicating a closer relationship between WLFI and the token’s creators.
Most of the $TRUMP supply, about 80%, is owned by Fight Fight Fight and another Trump-related entity, CIC Digital LLC. Their holdings are worth around $2 billion as of early June, according to CoinMarketCap, the tracking site.
Its supporters say the meme coin provides fans with a means to express support for the president and to play a role in the digital economy. Critics say it is a cash cow for Trump insiders.
And the demand for the meme coin, although much debated, has been so high that you’d be hard-pressed to find someone close to the Trump orbit who, like the president or not, might be open to a little high-proof sycophancy, who doesn’t want one.
Trump crypto ventures spark political backlash
The Trump family’s increasing stake in crypto has prompted fresh political concerns.
Some Democratic lawmakers have alleged that Donald Trump, who calls the shots for the Republicans in the Senate, is employing the crypto vehicle to peddle influence and line his pockets and those of his cronies. They note the family’s hefty holdings in $TRUMP and their ties to numerous crypto firms.
These worries intensified when Trump held a private dinner in April for prominent $TRUMP stockholders at Mar-a-Lago. Critics say this may have crossed the ethical boundary, particularly since Trump is the president.
The Trump family disputes all allegations of wrongdoing. Eric and Donald Trump Jr. have insisted that they are simply backing projects that excite their base and represent genuine value in the world of cryptos.
The family is, meanwhile, expanding its digital finance footprint.
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