Donald Trump's wealth has significantly increased due to investments in cryptocurrencies. His strategy demonstrates the intertwining of political influence and digital assets.
Trump's Crypto Assets
Donald Trump has earned 620 million dollars through his crypto company World Liberty Financial and his personal memecoin. Launched shortly before his return to the White House, the TRUMP memecoin quickly increased in value, reflecting its growing popularity among investors. Reportedly, this token has become a platform for special offers, including dinners with the president.
Family Business and Investments
Trump's sons, Donald Jr. and Eric, own 20% of American Bitcoin, which recently raised 220 million dollars for mining equipment purchases. This demonstrates that cryptocurrency is already outpacing his traditional real estate in profitability. Through World Liberty Financial, the Trump family partnered with MGX from Abu Dhabi to convert 2 billion dollars into stablecoins.
Discussion of Legislative Initiatives
Some senators, including Jeff Merkley, believe that elected officials should not own crypto assets based on their political decisions. While attempts at regulation exist, resistance from Republicans complicates the passage of laws that could restrict politicians' involvement in cryptocurrencies.
Crypto assets open new horizons for Trump's business and raise questions about the appropriateness of political influence in this sector. Strategies that leverage digital assets for profit are becoming an essential element of modern capital.
