Eric Trump’s ABTC Stake. WLFI Boost Push Trump Family Wealth Up

Trump Trump Family WLFI WLFI added $670 million to the family's wealth, while Eric Trump’s stake in ABTC, which he co-founded, was valued at over $500 million. Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has... Author Profile Share Copied Last updated: 17 minutes ago The Trump family’s net worth surged by $1.3 billion this week, fueled by the trading debut of American Bitcoin (ABTC) and gains from World Liberty Financial (WLFI), a DeFi project linked to the family. Key Takeaways: The Trump family’s wealth jumped $1.3 billion this week, driven by ABTC’s debut and WLFI token gains. Over $4 billion in WLFI holdings remain locked, excluded from Bloomberg’s valuation of their $7.7 billion net worth. Eric Trump predicts Bitcoin will hit $1 million, as ABTC faces sharp volatility following its public listing. According to Bloomberg, WLFI added $670 million to the family’s wealth, while Eric Trump’s stake in ABTC, which he co-founded, was valued at over $500 million after the company listed publicly on Wednesday. Shares of ABTC briefly spiked to $14 before tumbling more than 50% to a low of $6.24. Trump Family’s $4B WLFI Holdings Locked Up, Not Yet Counted. The Trump family’s WLFI holdings, currently valued at over $4 billion, remain under lock-up and were excluded from Bloomberg’s net worth calculation. Even without those tokens, the family’s total wealth now exceeds $7.7 billion, based on current market prices. The rally comes at a time of rising political interest in crypto. The Trump family’s growing footprint in digital assets has helped elevate crypto’s legitimacy in U.S. circles, though it has also drawn criticism from Democratic lawmakers, who warn of potential conflicts of interest. WLFI launched on Monday, distributing 24.6 billion tokens in its initial rollout. The token saw a brief surge before plunging over 40%, adding volatility to the project’s debut. Meanwhile, ABTC re-entered the public markets following a merger with Gryphon Digital Mining, a listed mining firm. Its stock faced five trading halts due to extreme volatility, closing Wednesday near $7.36 per share. Eric Trump, who described American Bitcoin as an attempt to create “the greatest Bitcoin company on Earth,” said the venture would mine and hold the cryptocurrency. At the recent Bitcoin 2025 Asia conference in Hong Kong, he predicted that Bitcoin would eventually reach $1 million. “Everybody wants Bitcoin. Everybody is buying Bitcoin,” he said. “That’s why I’ve always said Bitcoin is going to hit $1 million. There’s no question.” The company operates roughly 6,000 mining computers sourced from China, equipment now subject to import tariffs under his father’s trade policies. World Liberty Financial Begins WLFI Burn Campaign. As reported, World Liberty Financial has initiated a token burn just days after its public debut, as the team looks to curb early volatility and revive sagging market confidence. The project burned 47 million WLFI tokens on Wednesday, sending them to a verified burn address. The move comes amid a steep 31% decline in the token’s value since its launch on Monday, when it briefly traded at $0.331 before falling to just over $0.23. The burn represents 0.19% of... https://cryptonews.com/news/eric-trumps-abtc-stake-wlfi-boost-push-trump-family-wealth-up-1-3b/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple