Trump Family Crypto Tokens Add $5 Billion to Fortune

The Trump family has significantly expanded its wealth through the launch of the World Liberty Financial (WLFI) cryptocurrency token, which briefly added around $5 billion in paper value to their fortune. The token debuted on major exchanges such as Binance, OKX, and Bybit, with the family collectively controlling approximately 25% of all WLFI tokens, though these holdings are currently locked and cannot be sold. Despite an initial price surge to about $0.30, the token's value fell to around $0.20, with heavy trading activity and notable buying pressure from both large and smaller holders signaling strong investor interest. The Trump family's crypto ventures extend beyond WLFI, including significant stakes in Trump Media & Technology Group, which aims to hold bitcoin and other digital assets. While critics raise concerns about potential conflicts of interest, the White House denies wrongdoing, emphasizing that Trump's business interests are managed in a trust by his children. Some sources highlight skepticism over the long-term viability of these ventures, comparing the token's launch reception to past Trump-branded product flops.