Trump Family Deepens Crypto Ties With Nearly $1 Billion on the Line

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 …Full story available on Benzinga.com

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