The post Trump family’s crypto bet pays $1.3B – But it comes with a catch appeared on BitcoinEthereumNews.com. Journalist Posted: September 8, 2025 A new Trump fortune In just a matter of weeks, the Trump family has unlocked nearly $1.3 billion from the two fledgling crypto ventures. According to a recent Bloomberg report, the family’s net worth now sits at $7.7 billion, with their crypto haul rivaling the value of long-standing assets like Mar-a-Lago and Trump Tower. Source: Bloomberg Donald Trump Jr. and Eric Trump, still leading the Trump Organization, have become the faces of this new digital push alongside their younger brother Barron. WLFI’s trading launch and corporate deal added about $670 million to the family’s wealth, while Eric Trump’s stake in ABTC surged past $500 million. WLFI: Blacklists, deals and big promises WLFI has quickly become one of the family’s most lucrative bets… but not without controversy. The native token project has faced backlash after freezing 272 wallets, including those linked to Polygon [POL] developer Bruno Skvorc and even TRON [TRX] founder Justin Sun. Critics argue its compliance tools are overzealous, while WLFI insists the blacklists are aimed at protecting users from scams. At the same time, WLFI’s $1.5 billion deal with Alt5 Sigma helped push the Trumps’ gains to about $670 million. Still, their 22.5 billion WLFI tokens (valued at roughly $4 billion) remain locked, keeping the full extent of their fortune off-limits, at least for now. American Bitcoin’s billion dollar debut American Bitcoin entered the spotlight just two months after Donald Trump took office, with Eric and Donald Trump Jr. backing the venture. Instead of building costly mining operations from scratch, the project partnered with Hut 8 Corp., which provided its equipment in exchange for a controlling stake. ABTC went public through a merger with Gryphon Digital Mining, which adopted its name and ticker. Eric Trump now holds about 7.5% of the company (a… The post Trump family’s crypto bet pays $1.3B – But it comes with a catch appeared on BitcoinEthereumNews.com. Journalist Posted: September 8, 2025 A new Trump fortune In just a matter of weeks, the Trump family has unlocked nearly $1.3 billion from the two fledgling crypto ventures. According to a recent Bloomberg report, the family’s net worth now sits at $7.7 billion, with their crypto haul rivaling the value of long-standing assets like Mar-a-Lago and Trump Tower. Source: Bloomberg Donald Trump Jr. and Eric Trump, still leading the Trump Organization, have become the faces of this new digital push alongside their younger brother Barron. WLFI’s trading launch and corporate deal added about $670 million to the family’s wealth, while Eric Trump’s stake in ABTC surged past $500 million. WLFI: Blacklists, deals and big promises WLFI has quickly become one of the family’s most lucrative bets… but not without controversy. The native token project has faced backlash after freezing 272 wallets, including those linked to Polygon [POL] developer Bruno Skvorc and even TRON [TRX] founder Justin Sun. Critics argue its compliance tools are overzealous, while WLFI insists the blacklists are aimed at protecting users from scams. At the same time, WLFI’s $1.5 billion deal with Alt5 Sigma helped push the Trumps’ gains to about $670 million. Still, their 22.5 billion WLFI tokens (valued at roughly $4 billion) remain locked, keeping the full extent of their fortune off-limits, at least for now. American Bitcoin’s billion dollar debut American Bitcoin entered the spotlight just two months after Donald Trump took office, with Eric and Donald Trump Jr. backing the venture. Instead of building costly mining operations from scratch, the project partnered with Hut 8 Corp., which provided its equipment in exchange for a controlling stake. ABTC went public through a merger with Gryphon Digital Mining, which adopted its name and ticker. Eric Trump now holds about 7.5% of the company (a…

Trump family’s crypto bet pays $1.3B – But it comes with a catch

A new Trump fortune

In just a matter of weeks, the Trump family has unlocked nearly $1.3 billion from the two fledgling crypto ventures.

According to a recent Bloomberg report, the family’s net worth now sits at $7.7 billion, with their crypto haul rivaling the value of long-standing assets like Mar-a-Lago and Trump Tower.

Source: Bloomberg

Donald Trump Jr. and Eric Trump, still leading the Trump Organization, have become the faces of this new digital push alongside their younger brother Barron.

WLFI’s trading launch and corporate deal added about $670 million to the family’s wealth, while Eric Trump’s stake in ABTC surged past $500 million.

WLFI: Blacklists, deals and big promises

WLFI has quickly become one of the family’s most lucrative bets… but not without controversy.

The native token project has faced backlash after freezing 272 wallets, including those linked to Polygon [POL] developer Bruno Skvorc and even TRON [TRX] founder Justin Sun.

Critics argue its compliance tools are overzealous, while WLFI insists the blacklists are aimed at protecting users from scams.

At the same time, WLFI’s $1.5 billion deal with Alt5 Sigma helped push the Trumps’ gains to about $670 million.

Still, their 22.5 billion WLFI tokens (valued at roughly $4 billion) remain locked, keeping the full extent of their fortune off-limits, at least for now.

American Bitcoin’s billion dollar debut

American Bitcoin entered the spotlight just two months after Donald Trump took office, with Eric and Donald Trump Jr. backing the venture.

Instead of building costly mining operations from scratch, the project partnered with Hut 8 Corp., which provided its equipment in exchange for a controlling stake.

ABTC went public through a merger with Gryphon Digital Mining, which adopted its name and ticker.

Eric Trump now holds about 7.5% of the company (a stake that briefly touched $1 billion during its market debut) while Donald Jr. owns a smaller, undisclosed share.

Though Eric played down the sudden windfall, he acknowledged spending more time as a promoter, calling himself a “great spokesperson” for the crypto push.

Next: SOMI crypto’s first week stuns market: Can Somnia’s 316% gains hold?

Source: https://ambcrypto.com/trump-familys-crypto-bet-pays-1-3b-but-it-comes-with-a-catch/

Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$5.282
$5.282$5.282
-3.22%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Share
BitcoinEthereumNews2025/09/18 00:33
Why Institutional Capital Chooses Gold Over Bitcoin Amid Yen Currency Crisis

Why Institutional Capital Chooses Gold Over Bitcoin Amid Yen Currency Crisis

TLDR: Yen’s managed devaluation artificially strengthens the dollar, creating headwinds for Bitcoin price action. Gold has surged 61.4% while Bitcoin stagnates
Share
Blockonomi2026/01/18 12:09
Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36