Trump Family Earned $1B in Pre-Tax Gains Through Crypto Ventures: Report
The household of US President Donald Trump has generated pre-tax positive aspects of round $1 billion in the previous 12 months from their numerous array of crypto-related ventures, a brand new investigation reveals.
Trump family-backed crypto ventures embody memecoins, stablecoins, buying and selling playing cards, and decentralised finance (DeFi) platforms.
Per the Financial Times, the TRUMP and MELANIA cash, memecoins tied to himself and his spouse, reportedly generated round $427 million. Meanwhile, WLFI token gross sales fetched roughly $550 million.
The stablecoin undertaking USD1, one-to-one backed by US Treasuries, has raised $2.71 billion from the corporate’s positive aspects from reserves and costs.
“USD1 is essential to us and that needs to be essential, frankly, to anybody,” mentioned Zach Witkoff, CEO of World Liberty Financial, at Token2049 occasion in Singapore early this month.
Trump Family ‘Crypto Empire’ and Affiliated Investors
The investigation revealed that non-public buyers have poured billions into the Trump family-backed crypto empire. For occasion, Chinese blockchain entrepreneur Justin Sun invested $75 million in WLFI. But later faced a wallet blacklist impeding him from transferring WLFI tokens.
Besides, Abu Dhabi’s sovereign wealth fund-backed MGX reportedly provided $2 billion in funding to Binance, utilizing USD1 stablecoin.
Further, Trump Media & Technology Group (TMTG), which was beforehand beneath loss, raised billions in 2025 to launch a utility token and a digital wallet. The agency has remodeled right into a $3 billion money generator, the place over 50% is owned by Trump.
Crypto-Friendly Policy Moves, Market Surge Promoted Family Branding
Trump members of the family, together with his sons Donald Trump Jr. and Eric Trump, have actively promoted their crypto ventures utilizing the household model and political affect, the FT report famous.
“My father was the primary man to run as type of a professional crypto president. He noticed the necessity,” mentioned Donald Trump Jr., the eldest son of President Trump, throughout a panel at Token2049 Singapore.
The household has additionally capitalized on public occasions to tout their tokens and increase their values. In May, the President scheduled a personal dinner, limiting entry to the highest 220 patrons of the memecoin, with total purchases exceeding $150 million.
Besides, pro-crypto coverage strikes from the White House because the begin of Trump’s tenure have grabbed consideration, coinciding with a surge in Bitcoin and different token costs.
“A 12 months in the past, on this very stage, they had been making enjoyable of what we’re making an attempt to do, and now we’re the fastest-growing crypto ventures ever,” Donald Trump Jr. added. “You know, I believe we’re doing fairly good, and like, as I mentioned, we’re gonna ship on the guarantees that we made. We’re gonna hold going. We have one of many biggest groups conceivable, and since we’re not simply making an attempt to do it ourselves.”
The publish Trump Family Earned $1B in Pre-Tax Gains Through Crypto Ventures: Report appeared first on Cryptonews.
