Factbox-From coins to miners: Trump family’s crypto playbook
(Reuters) -The first commercial appearance of $ WLFI, a symbol linked to a encrypted currency project belonging to the sons of US president Donald Trump, shed light on the growing family footprint in space.
The cryptocurrency has become a frequent theme in the commercial family empire, even when critics have reported the conflict of potential interests given that Trump pledged to make the United States “the planet’s coding capital”.
The White House, however, denied any violations. All real estate worth billions of dollars, golf, media, and other commercial interests are confidently managed by his children.
The president is exempt from the laws of conflict of interest because it supervises many areas to make implementation in practice, according to ethics experts. The regime relies on the president’s good effort to separate his personal interests from the country when he takes office.
Below is a group of the main invasions of the Trump family in the encrypted currency industry:
Trump is the media
Trump said the media and technology, the social owner, in May, that it raised $ 2.5 billion by selling shares and bonds to buy Bitcoin, which CEO Divin Nunes said it was a “financial freedom summit tool.”
The company plans to contract Bitcoin as assets in its public budget, following the Playbook book that has long been popular with Michael Silor’s strategy.
About 41 % of Trump’s media share is held confidently under the name Donald Junior, the son of the president, according to the submission of a file by the company. As of the closure of Friday, the share value was $ 2 billion.
Trump Group Strategy CRO
Trump Media and Crypto.com have collaborated with a special purpose acquisition company to launch a new project called Trump Media Group Cro that would accumulate the original code of Crypto Platform, CRO, in its public budget.
The expected financing of the new company will consist of 6.3 billion CRO symbols, 200 million dollars of cash, 220 million dollars of notes, and a $ 5 billion credit line of shares from the investment company Yorkville, Moayad Spac.
They said that Yorkville, Trump Media and Crypto.com would be the majority of the company.
The market value of CRO was $ 8.7 billion as of Wednesday, according to Coingecko.
The world is financial freedom
DT Marks Defi LLC, an entity linked to the Trump family, has approximately 38 % of the shares in the company that controls the world of financial freedom and is entitled to obtain the lion’s share of its revenues, according to the company’s website.
It also has WLFI codes $ 22.5 billion, created by World Liberty, which has declined by 21 % since it started trading on Monday. The value of the distinctive symbol was worth $ 6.7 billion on Wednesday, according to Coingecko.
2025-09-03 09:13:00
