American Bitcoin officially started trading on Nasdaq under the ticker ABTC, marking a significant event for the cryptocurrency market.
Debut on Nasdaq
American Bitcoin began trading on Nasdaq today at 9:30 AM EST. The company, focused on building Bitcoin infrastructure in the U.S., completed a merger with Gryphon Digital Mining, which served as the basis for today's trading.
Statements from the Trump Family
Eric Trump confirmed that he has invested significant effort into American Bitcoin over the past 12 months, expressing pride in the Nasdaq debut. He noted that this represents a historic step towards integrating Bitcoin into U.S. capital markets. Donald Trump Jr. also emphasized that American Bitcoin embodies values of freedom and independence.
Expansion of the Trump Family's Crypto Influence
The Trump family is actively expanding its presence in the cryptocurrency sector. Recently, World Liberty Financial, another project backed by the Trump family, began trading, adding approximately $5 billion to their wealth. This indicates a growing interest in cryptocurrencies from high-profile investors.
The debut of American Bitcoin on Nasdaq could have significant impacts on the financial landscape in the U.S. and draw attention to the cryptocurrency market.