Seems like the Trump family found another way to boost their net worth, this time with a little help from the world of Ethereum. In a turn of events that’s as surprising as a low-energy Trump tweet, the Trumps saw their fortune grow by nearly $6 billion in mere minutes after their WLFI token went live for public trading. I guess $6 billion in a few minutes is a pretty good day, right?
For those not in the know, WLFI is the token tied to World Liberty Financial, the crypto venture Trump and his family are behind. It allows token holders to have a say in the platform’s governance. For months, the token was locked away like an overstuffed closet, untouchable and definitely not tradable. But now, the trading gates have swung open, and the token’s price has jumped from a humble $0.30 to a cool $0.26. Don’t worry, it’s still doing just fine, despite the slip.
From 1.5 Cents to $5.96 Billion
To put this into perspective, WLFI tokens were sold to investors last fall for 1.5 cents apiece. Fast forward to now, and those tokens are worth more than 10 times that. With a whopping $500 million raised in the public sales, it’s safe to say the Trumps are having a good time. But let’s discuss the real kicker, 22.5 billion WLFI tokens are now sitting pretty in the Trump family vault, making their total stake worth a staggering $5.96 billion. That’s one hell of a crypto portfolio.
Locked Tokens and the Mystery Vesting Schedule
Here’s the fun part: while those tokens are locked for now, there’s a good chance the Trumps could eventually cash in. But don’t pop the champagne just yet; the vesting schedule is a mystery. World Liberty Financial says the schedule will be "TBD" (translation: “We're not telling you when this is happening”).
In case you’re wondering, only about 24.7 billion WLFI tokens are floating around in the market right now, out of a total supply of 100 billion. The full value? A mind-blowing $26 billion.
The Trump Family’s Crypto Empire
And what’s World Liberty Financial’s big pitch? It’s all about bringing non-techy folks into the wild world of crypto. Though they’ve already launched a stablecoin this year, the platform itself has yet to fully go live. But don’t worry, they’re working on it...probably.
In true Trump fashion, this isn't the first time the family has cashed in on crypto ventures. From meme coins to massive stakes in WLFI, they’re certainly making a lot of noise in the digital currency world. Back in June, it was disclosed that Trump himself pocketed $57 million from World Liberty. And trust me, that number is going to be even juicier in 2025.
So, will the Trumps soon be rolling in crypto cash? Who knows, but with a billion-dollar token stash, it’s safe to say they’re not exactly worried about their next vacation.
Anastasiia G
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