Trump Family Seeks Profit from Crypto Venture Gains, Adding $1.3 Billion to Net Worth

The Trump family saw a significant boost in their net worth this week, gaining an additional $1.3 billion after two crypto ventures tied to the family debuted on public markets. American Bitcoin Corp. (ABTC) and World Liberty Financial (WLFI) saw shares soar before crashing after the initial launch. ABTC’s share price soared to over $500 million before tumbling more than 50%, while WLFI’s debut saw a similar spike and drop, though it added around $670 million to their wealth. The family is currently sitting at over $7.7 billion according to Bloomberg. The gains come despite the volatile nature of crypto markets and concerns raised by some politicians about potential conflicts of interest.