Encrypting assets becomes a new wealth pillar! The Trump family raised $1.3 billion within weeks.

The family of President Trump of the United States has accumulated approximately $1.3 billion in wealth in just a few weeks through two relatively new encrypted enterprises. The profits from the encrypted company World Liberty Financial and the independent mining company American Bitcoin (ABTC.US) show that these projects, still in their early stages, have begun to transform into tangible wealth for the "first family." According to the Bloomberg Billionaires Index, the Trump family's total wealth has now reached $7.7 billion, and the new wealth obtained through these two encrypted enterprises is comparable to the value of the golf courses and vacation properties that have long symbolized the Trump family. Despite Trump's two sons - Donald Trump Jr. and Eric Trump - still serving as co-executive vice presidents of the Trump Organization, they are increasingly becoming representatives of the family's growing cryptocurrency investment portfolio. Last year, they co-founded World Liberty with Trump's youngest son, Barron Trump. On September 1st, the company reached a significant milestone by opening up trading for its namesake tokens to customers. According to the Bloomberg Wealth Index, these developments have increased the Trump family's net worth by approximately $670 million (this calculation does not include the approximately $4 billion worth of cryptocurrency currently held by the Trump family, which is still locked). At the same time, Eric Trump's stake in American Bitcoin is worth over $500 million. This rapid expansion indicates that the Trump family is facing a new reality. The assets that have best represented them in the past - such as Trump Tower on Fifth Avenue in Manhattan and Mar-a-Lago estate - are no longer the fastest way to accumulate new wealth. Even for a family that has put their name on everything from steaks to vodka, the speed and scale of wealth accumulation in the cryptocurrency field is unprecedented. New plans and the concept of "tokenization" The Trump family has new ideas in progress. Warren Hui, co-founder of the venture capital firm Soul Ventures, stated that the publicly listed company Alt5 Sigma Corp. recently began acquiring World Liberty tokens. The founders of World Liberty recently hinted that they may begin "tokenizing" real estate assets - creating digital representations of physical assets in the real world. Warren Hui added that Eric Trump is involved in promoting this concept. He stated, "When we talked to Eric Trump, we gained confidence from his experience in hotels and real estate." "Buy immediately" World Liberty and American Bitcoin are currently at the intersection of the cryptocurrency and public markets. While cryptocurrency enthusiasts once sought to escape the traditional financial system, they are increasingly using publicly listed companies to enhance the value of tokens. This is a variation of the concept first proposed by the cryptocurrency figure Michael Saylor, and it is a way to create a more stable source of demand for volatile virtual assets. In the past, the cryptocurrency industry faced stricter scrutiny in regulatory environments. During the Biden administration, the U.S. Securities and Exchange Commission (SEC) cracked down on cryptocurrency exchanges trading unregistered securities, and sued well-known companies such as Coinbase (COIN.US) and Kraken. During Trump's tenure, he appointed more friendly regulators and promised to make the United States the "global capital of cryptocurrency," leading to the withdrawal of these high-profile cases. Facing criticism from the outside about potential conflicts of interest - given the Trump family's involvement in virtual asset investments, Trump's sons have stated that their business and government affairs are separate. However, at the Bitcoin Asia conference in late August, Eric Trump stated that he had suggested to his father to address Bitcoin supporters during his campaign in Nashville last year. Eric Trump told Bloomberg last week that he has been "buying Bitcoin for many years," and now he often promotes this asset class, which is also helping his family accumulate a large amount of new wealth. He bluntly stated, "Buy now, buy immediately." He also quoted a saying from Michael Saylor: "Even if you have to sell a kidney, save the Bitcoin." World Liberty Financial World Liberty was founded in September 2024. The Trump family, along with Steve Witkoff (the current Middle East envoy for the Trump administration) and his sons Zach and Alex Witkoff, are listed as co-founders. According to information on the company's website, there have been three proposals so far, including whether WLFI tokens should have trading capabilities. One issue that has not been voted on is an agreement reached in August with Alt5 Sigma (ALTS.US). The Las Vegas-based small company, which previously focused on biotechnology, announced that it would purchase around $1.5 billion worth of World Liberty tokens. The transaction was divided into two parts: the company exchanged its own stock for approximately $750 million worth of tokens (at a price of 20 cents per token), and also purchased a similar amount of tokens in cash. At the time, the WLFI tokens were still restricted from trading. According to Bloomberg's calculations, this transaction has brought approximately $670 million in value to the Trump family. Although the stock price of Alt5 Sigma has fallen by more than half since the transaction was announced, its stock is still worth nearly $170 million to the "first family." The Trump family can also receive 75% of the revenue from the sale of World Liberty tokens, worth approximately $500 million. The biggest uncertainty lies in the 22.5 billion WLFI tokens held by the Trump family, which were allocated at the start of the project. The WLFI tokens began trading partially last week, and based on this price calculation, the total value of the tokens held by the Trump family could reach $4 billion. However, unlike the portion available for trading by early investors, the tokens allocated to the Trump family, the Witkoff family, and other team members are still in a "locked" state. Because these tokens are not yet tradable, Bloomberg's Billionaires Index does not include their value in the Trump family's cryptocurrency assets. American Bitcoin American Bitcoin was established just two months after Trump took office as President of the United States. The company plans to engage in Bitcoin mining, with support from Eric Trump and Donald Trump Jr. Although Bitcoin mining is an energy-intensive process that requires a large number of computer equipment, the company does not provide any specialized equipment. A publicly listed company named Hut 8 Corp. (HUT.US) provides mining equipment in exchange for a majority stake in this start-up company. American Bitcoin quickly became a publicly listed company. Instead of going the traditional IPO route, it was absorbed by the listed company Gryphon Digital Mining, which took on its name and business and changed its stock code to "ABTC." According to Bloomberg's calculations, Eric Trump now holds approximately 7.5% of the shares in this listed company, which were valued at close to $1 billion last week. Donald Trump Jr. also holds a small portion of American Bitcoin shares, although the exact size was not disclosed in public documents. When asked about the expansion of his wealth in American Bitcoin, Eric Trump stated, "We are extremely lucky in life, whether or not this business exists." But he also admitted that he now spends a lot of time promoting cryptocurrencies and the companies that support them. He said, "I want to be an excellent spokesperson for it."