[ccpw id="39382"]

HomeCrypto NewsMarketTrump Family Nets $1B in Profits from Meme Coins and WLFI

Trump Family Nets $1B in Profits from Meme Coins and WLFI

Date:

Written By:

Follow TheCryptoBasic

President Donald Trump and his family have earned over $1 billion from various crypto projects, a recent Financial Times report reveals.

Per the report, leading the way is World Liberty Financial (WLFI), a company founded by Trump’s sons, Eric and Donald Jr., along with close allies.

For most of this year, WLFI sold billions of dollars in tokens and stablecoins, boosting the family’s wealth. In June, Trump reported $57.4 million in proceeds from WLFI. Interestingly, the Trump family’s stake in the company surged to $5 billion after a major token unlock. WLFI is now central to the family’s digital portfolio and plans to launch a crypto-lending app.

- Advertisement -

Meme Coins Bring in Hundreds of Millions

In addition to WLFI, the Trump family has profited from the volatile world of meme coins. The TRUMP meme coin has earned $362 million, while the MELANIA meme coin has brought in $65 million.

However, these tokens have seen sharp declines. TRUMP is down over 91% from its peak, and MELANIA has dropped more than 99%. Despite these losses, the large volume of transactions and trading fees has kept the meme coin ventures profitable for the family.

USD1 Stablecoin

Meanwhile, among their more stable investments is the USD1 stablecoin, which is pegged to the U.S. dollar. Launched in April, USD1 has grown to become the world’s fifth-largest stablecoin, with a market cap of $2.69 billion. The Trump family has earned $42 million from its sale.

Stablecoins like USD1 offer more stability compared to meme coins, making them a key part of the Trump family’s crypto portfolio.

Trump’s Personal Crypto Portfolio

While the Trump family’s ventures have generally been successful, Donald Trump’s personal crypto portfolio tells a different story. His holdings, which include meme coins, stablecoins, and Ethereum, have mostly underperformed. 

In 2024, his portfolio was worth $26 million, but it’s now down to just over $1.4 million, mostly due to the fall of meme coins.

Still, Trump’s TRUMP token holds some value, with his holdings worth about $62,750. His largest investment, the TROG token, is worth $700,000 at press time.

Trump's personal crypto portfolio
Trumps personal crypto portfolio | Arkham

Future Plans: Tokenizing Real Estate

Looking to the future, the Trump family is exploring new ways to expand their crypto empire. One possibility is tokenizing real estate. Eric Trump recently suggested they might offer fractional ownership of Trump Organization properties through blockchain-based tokens, allowing investors to buy small stakes in high-profile real estate.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

More from Author

Latest Stories

Market Veteran Targets XRP Rally to $4.50, Says XRP Consolidation Period Is Over

Experienced market analyst CasiTrades says XRP is heating up after a bullish breakout, with the new target a rally to an all-time high of...

Cardano Falling Wedge Breakout Eyes Run to $1.2 Before Uptick to $2.91

A well-known crypto chartist has suggested that Cardano could be looking to break into a four-year peak above $2 after a falling wedge breakout. Notably,...

Cathie Wood Lowers Bitcoin 2030 Price Target to $1.2 Million

Cathie Wood, founder and CEO of ARK Invest, has revised her long-term outlook for Bitcoin, lowering her 2030 price target by $300,000. Specifically, Wood now...

Bitcoin Dominance Hits a Tipping Point as Analyst Sees Altcoin Season Ahead

With the Bitcoin dominance reaching a crucial level, market veteran Michaël van de Poppe believes a breakdown soon could lead to the altcoin season. The...

Ethereum Closes in on Bitcoin Annual Performance Following Strong Q3

Market data shows that Ethereum, the king altcoin, has dramatically closed in on Bitcoin's annual performance following Q3 gains. Ethereum has nearly matched Bitcoin's annual...

Citibank Predicts Bitcoin to Hit $231K, Ethereum $7.5K in Months

Global banking giant Citibank has released new 12-month price targets for the world’s two largest cryptocurrencies — Bitcoin and Ethereum.  In a fresh report, Citibank...

Here’s How High XRP Could Rise If It Beats Visa’s $600B Market Value

XRP could surpass Visa’s $600B market cap amid several bullish forecasts, ETF approvals, and growing institutional interest. Indeed, XRP remains one of the crypto assets...

XRP Is Not Going to $10K-$50K Per Coin, Expert Says

A popular community figure has pushed back against predictions that XRP will eventually reach an ambitious target of $10,000 to $50,000 per token.  Like many...

Shiba Inu Falls to 23-Month Low—How Worse Can It Get for SHIB

Shiba Inu has continued to show weak momentum, with the latest capitulation pushing prices to a level last seen nearly two years ago. The broader...

Shiba Inu Hits Support: Analyst Says SHIB Becomes a Rocket When This Happens

Shiba Inu touched a critical lower support trendline, which has historically sparked a strong rebound followed by explosive price action. This analysis comes from “Akbarkarimzsfeh”...

Dogecoin Is Following Its First Cycle—Here’s the Target

Dogecoin is showing similarity with its first full bull cycle, and a full mirror could send the meme coin surging to unprecedented prices. October ends...

Dogecoin Ready to Rebound—Top Analyst Predicts Bullish Targets

Prominent market analyst Ali Martinez has highlighted that Dogecoin could possibly rebound from recent lows, sharing possible targets. Martinez shared this insight in his Thursday...

Guides