13th April 2025 – (Washington) President Donald Trump and his family have delved into various aspects of the cryptocurrency industry, exhibiting a keen interest in its diverse offerings. Their ventures span nonfungible tokens, digital collectibles, decentralised finance projects, a proposed stablecoin, Bitcoin mining initiatives, and the launch of memecoins dedicated to the President and First Lady Melania Trump.
Collectively, these endeavours have yielded significant paper gains, approaching the $1 billion mark, even amidst recent market fluctuations resulting from trade war tensions, as per Bloomberg’s calculations based on publicly available data.
Donald Trump, known as the wealthiest individual to have assumed the US presidency, holds substantial investments in real estate alongside his crypto involvements. Following his election in 2016, his business affairs were managed through a trust overseen by his two eldest sons and Allen Weisselberg, the longstanding CFO of Trump’s real estate enterprise.
Eric Trump has asserted that there are no conflicts of interest concerning the family’s crypto investments and emphasized their long-standing belief in cryptocurrency. During an interview with Bloomberg TV in April, Eric Trump highlighted their independent stance from the White House, stating, “We’ve believed in crypto for a long time.”
The President’s public shift towards cryptocurrencies is a relatively recent development. Previously branding Bitcoin as a “scam” in 2021, Trump cited concerns about its competition with the dollar and advocated for stringent regulations.
However, Trump’s stance towards digital assets has evolved significantly over time. During his second term, he signed executive orders supporting his vision of positioning the US as a global crypto hub. Notably, Trump appointed David Sacks and Bo Hines to advocate for the industry’s interests and has actively promoted his memecoin through Truth Social posts.
Eswar Prasad, a trade policy professor at Cornell University, remarked on Trump’s crypto investments, stating that the President and his family appear eager to establish a robust presence in the sector ahead of anticipated regulatory developments that could further boost cryptoasset valuations.
Here’s an overview of the evolution of the Trump family’s crypto portfolio across various ventures. Trump embraced the world of nonfungible tokens after being captivated by his unique digital collectibles. The Trump family launched World Liberty Financial, a crypto project acquiring significant amounts of cryptocurrencies. Trump and Melania introduced their own memecoins, a speculative crypto niche. Trump Media & Technology Group Corp. proposed an investment product themed around Trump’s priorities. World Liberty Financial announced the launch of USD1, a stablecoin pegged to the US dollar. The Trump family revealed plans to venture into Bitcoin mining alongside Hut 8 Corp.
