Bloomberg: Investing in cryptocurrency has increased Trump family wealth by at least $620 million in a few months

CoinRank News: Bloomberg wrote an article titled Trumps $620 million cryptocurrency reshaped his wealth, which revealed that the Trump family used their fame and connections to profit from digital assets faster than from traditional real estate business. Crypto projects such as World Liberty Financial and Trump-themed meme coins have added at least $620 million to their wealth in just a few months. The World Liberty Financial platform issued branded tokens and stablecoins USD1, and achieved $550 million in token sales in March, with the Trump family receiving $390 million. The family also holds 22.5 billion non-circulating tokens (valued at over $2 billion at the June trading price). Trump-themed meme coins are controlled by related parties with 80% of the supply, and are marketed through big coin holders dinners. In addition, American Bitcoin (spun off from Trump-related investment banks) plans to go public, which may add another source of secret wealth to the family. (Bloomberg)