Trump Family’s Wealth Jumps $5 Billion After WLFI Crypto’s Robust Trading Debut In Open Market: Report
The Trump family has reportedly seen a staggering $5 billion increase in their paper wealth following the trading debut of their flagship crypto venture’s new digital currency.
Trump Family Gains Major Wealth Boost As WLFI Token Hits Open Market
The Trump family, including President Donald Trump, owns nearly a quarter of all WLFI tokens. The token’s trading debut has marked a substantial financial turning point for the family, potentially making it their most valuable asset, surpassing their long-standing property portfolio, reported The Wall Street Journal.
World Liberty Financial, co-founded by Trump’s three sons, introduced WLFI in a manner similar to an initial public offering, making it available for purchase and sale on the open market. Before this, WLFI tokens were privately held and could not be traded.
The launch has assigned a real-world valuation to the Trump family’s holdings, which were previously valued based on private sales. Despite the tokens held by the founders …
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