Trump Family Adds $1.3 Billion to Net Worth Through American Bitcoin and World Liberty Financial ...

Trump family wealth jumped $1.3 billion after crypto firms ABTC and WLFI made their public market debut.

Eric Trump’s ABTC stake peaked over $500 million before shares dropped more than 50% in early trading.

WLFI added $670 million to the Trump net worth but locked tokens worth $4 billion remain untradeable.

The Trump family’s wealth surged by $1.3 billion this week. The gains followed the public debuts of American Bitcoin Corp. (ABTC) and World Liberty Financial (WLFI). ABTC launched on Wednesday through a merger with Gryphon Digital Mining. WLFI made its market entry on Monday. Both ventures are closely linked to members of the Trump family.

Eric Trump co-founded American Bitcoin, while WLFI lists multiple Trump family members as co-founders. According to Bloomberg, ABTC’s share price spiked to $14 at launch. It then fell sharply, closing near $7.36. WLFI tokens also experienced a price drop, falling over 40% after an initial trading spike.

Volatility and Lock-Up Clauses Impact Valuation

Despite the losses, gains from both assets significantly increased the family’s net worth. Eric Trump’s ABTC stake peaked at over $500 million. WLFI added about $670 million, according to Bloomberg estimates. However, these figures do not include the $4 billion in locked WLFI tokens held by the family.

The tokens remain untradeable due to lock-up periods. Their value depends on future market conditions. Bloomberg’s Billionaires Index excludes these tokens. It places the family’s adjusted net worth at over $7.7 billion.

ABTC stock trading was halted five times on its first day due to high volatility. WLFI launched 24.6 billion tokens during its market debut. The company completed a major deal with Alt5 Sigma, a Las Vegas-based public firm.The Alt5 Sigma stock rose 30% after the WLFI launch.

Political Ties Raise Questions

The Trump family’s deepening crypto involvement has drawn attention from lawmakers. Some Democratic officials raised concerns about potential conflicts of interest. The family maintains that their ventures remain separate from the administration.

The president’s sons, Eric and Donald Jr., continue to serve as executive vice presidents of the Trump Organization. They have taken on more visible roles in the family’s crypto ventures. The crypto partnerships have shifted focus from traditional real estate and hospitality assets.

Future Plans Extend to Tokenized Real Estate

World Liberty Financial may soon explore tokenizing physical real estate. This could include digitizing ownership of high-profile Trump properties. Discussions are ongoing with investment groups and potential partners.

Earlier this year, WLFI partnered with Chainlink to expand USD1 stablecoin across blockchains. The Trump family holds 22.5 billion WLFI tokens. These remain locked under company policy. Public disclosures show they will receive 75% of token sale proceeds. These could yield hundreds of millions once sales resume.

American Bitcoin became public without a traditional IPO. Gryphon Digital Mining absorbed its operations and rebranded. Eric Trump holds 7.5% of the public company. Donald Trump Jr. also holds a smaller undisclosed stake.