Trump Family Reports Over $1 Billion in Crypto Profits Amid Expanding Ventures
Eric Trump has disclosed that the Trump family's cryptocurrency ventures have generated more than $1 billion in pre-tax profits. The Financial Times corroborated this figure, with Eric suggesting the actual amount may be higher. This windfall represents a significant portion of Donald Trump's estimated $7.1 billion net worth.
The family's crypto empire spans multiple projects, including NFT trading cards, meme coins, and World Liberty Financial—a decentralized finance initiative co-founded by Donald Trump and his sons. While currently limited to its USD1 stablecoin and WLFI governance token, the venture plans to expand into lending services and broader DeFi offerings.
President Trump's embrace of digital assets has drawn scrutiny, with critics alleging conflicts of interest. The profits underscore how political figures are increasingly capitalizing on cryptocurrency's mainstream adoption, despite regulatory uncertainties.
