Sun Apr 13 06:34:08 UTC 2025: ## Trump Family’s Crypto Empire Nears $1 Billion in Paper Gains

**Washington D.C.** – The Trump family’s foray into the cryptocurrency industry has yielded nearly $1 billion in paper profits, according to Bloomberg calculations. Despite President Trump’s past criticism of Bitcoin, the family has aggressively pursued various crypto ventures, spanning NFTs, decentralized finance (DeFi), memecoins, a proposed stablecoin, and even Bitcoin mining.

The family’s involvement began with the wildly successful launch of Trump Trading Cards NFTs in December 2022, generating millions in revenue. This was followed by the September 2024 announcement of World Liberty Financial, a DeFi project that has raised $550 million through token sales. The Trumps hold a significant equity stake in this venture, raising questions about potential conflicts of interest given the administration’s regulatory power.

Adding to their crypto portfolio, the President and First Lady Melania launched their own memecoins in January 2025, although this venture saw a price drop after an initial surge. Further expanding their reach, the family filed trademarks for investment products, including a Bitcoin ETF, and announced plans for a USD1 stablecoin and a joint Bitcoin mining venture with Hut 8 Corp.

Eric Trump has insisted there are no conflicts of interest related to the family’s crypto investments, stating that their involvement stems from a long-held belief in the technology. However, the President’s own stance on crypto has evolved dramatically, shifting from calling Bitcoin a “scam” in 2021 to actively promoting his family’s crypto ventures and signing executive orders to solidify the US as a crypto leader.

Experts like Cornell University’s Eswar Prasad suggest the Trump family is strategically positioning itself in the crypto sector before anticipated regulatory changes that could significantly impact valuations. The breadth of their investments, ranging from NFTs to mining, signifies a comprehensive strategy to capitalize on the burgeoning crypto market. The family’s active promotion of their ventures through social media and public appearances further underscores their commitment to the industry.

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