Trump family's crypto earnings estimated at over $1B

The Trump family is estimated to have earned over $1 billion (1.5 trillion won) from three cryptocurrency-related ventures, FinanceSpeed reported. These include the memecoin TRUMP, various NFT projects, and a cryptocurrency platform believed to be World Liberty Financial (WLFI) and its stablecoin, USD1. The TRUMP memecoin, launched early last year, reportedly reached a market capitalization in the billions of dollars and is estimated to have generated around $350 million in profits from token sales. The report added that the family's NFT and platform businesses also successfully raised significant funds. The family's diversified approach combined speculative demand from retail investors with a profit structure that utilized safe-haven assets like government bonds. These crypto ventures now represent a substantial portion of the family's total wealth. While U.S. political circles have consistently raised concerns about potential conflicts of interest, some in the industry view the Trump family's brand and narrative as a new market trend for attracting capital.