The Trump family has made substantial investments in the cryptocurrency industry.
What Happened: The Trumps’ crypto investments span a wide range, including nonfungible tokens (NFTs), a decentralized finance project, a proposed stablecoin, Bitcoin mining, and a couple of meme coins.
The investments are overseen by President Donald Trump‘s two eldest sons and Allen Weisselberg, the long-serving CFO of Trump’s real estate company. Their collective projects are reportedly approaching $1 billion in paper gains, as per a recent Bloomberg report.
Donald Trump’s stance on the digital asset industry has seen a significant shift since his initial skepticism. He has issued executive orders to position the US as the global crypto hub, appointed industry representatives, and actively promoted his memecoin on …
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