Trump Family Embraces Crypto After Banking Troubles, Shifting Financial Strategies

The Trump family is undergoing a significant shift in their financial strategy after experiencing banking challenges. Following the closure of hundreds of bank accounts in 2021, Eric Trump dedicated over 50% of his time to crypto projects, fueled by the need for alternative financial solutions. This move has led to increased investment in Bitcoin and initiatives focused on tokenization, with the family’s holdings estimated at $2.4 billion. Key figures like Eric Trump and Donald Trump Jr., co-founder of American Bitcoin, are driving this transformation.