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Trump Family

All articles tagged with #trump family

business16 days ago•5 min saved

Trump Family Unveils USD1: A Private Stablecoin Aiming to Modernize the Dollar

The Trump family, through World Liberty Financial, launched USD1—a stablecoin pegged to the dollar and pitched as an upgrade to U.S. currency. They argue private-sector innovation can modernize finance and preserve dollar dominance, detailing plans at a Mar-a-Lago event and suggesting the private project could spur structural demand for U.S. debt. The venture frames itself as complementary to the dollar, not a threat, though questions remain about private control of a national monetary instrument.

via CNBC|

#business #cryptocurrency #stablecoin

business27 days ago•1 min saved

Binance Boosts Trump Family’s Stablecoin with Marketing Push

Binance launched promotions to encourage purchases of World Liberty Financial’s stablecoin, deepening ties with the Trump family as the coin’s circulating supply hits about $5 billion following the pardon of Binance founder Changpeng Zhao.

via The New York Times|

#binance #business #changpeng-zhao

world1 month ago•1 min saved

UAE-Backed Investor Takes Major Stake in Trump Family Crypto Firm

A UAE-linked investment firm purchased nearly half of the Trump family’s cryptocurrency company, World Liberty Financial, for about $500 million, with Eric Trump signing the deal days before his father’s inauguration. The arrangement ties the Trump business to UAE interests while the president pursues foreign policy with the Middle East, raising concerns about conflicts of interest and propriety.

via The New York Times|

#cryptocurrency #foreign-policy #trump-family

entertainment1 month ago•326 min saved

Melania Trump's 'not-documentary' premiere leans into glamour

First lady Melania Trump introduces a film she calls a “creative experience” rather than a documentary, following a reported $40 million deal with Amazon MGM Studios and a $35 million marketing budget. The Kennedy Center premiere highlighted private access to her life around Trump’s White House return, with Trump retaining editorial control, as it heads toward a theatrical release that will test public curiosity about the project and its glamorous presentation.

via CNN|

#documentary-deal #entertainment #melania-trump

business6 months ago•6 min saved

Trump Family's Bitcoin Empire Surges to $1.5 Billion

The Trump family has rapidly accumulated approximately $1.3 billion in crypto wealth through ventures like World Liberty Financial and American Bitcoin Corp., reflecting a significant shift in their wealth sources from traditional properties to digital assets, with their total net worth now estimated at $7.7 billion.

via Bloomberg.com|

#american-bitcoin-corp #business #cryptocurrency

business6 months ago•4 min saved

Justin Sun Criticizes Trump-Backed Crypto Firm Over Frozen Funds

The Trump family's crypto project, World Liberty Financial, faced controversy after its major investor Justin Sun's holdings were frozen, raising concerns about centralization and control in a project that promotes decentralization and community governance.

via Axios|

#business #crypto #justin-sun

business6 months ago•3 min saved

Trump Sons' Bitcoin Ventures Surge After Nasdaq Debut

American Bitcoin, a crypto mining company linked to the Trump family, had a volatile debut on Nasdaq, ending up over 16%, and is part of the Trump family's expanding crypto portfolio, which includes other ventures like World Liberty Financial. The company owns 2,443 BTC worth approximately $273 million and plans to mine and buy Bitcoin to maximize shareholder value.

via Cointelegraph|

#american-bitcoin #bitcoin #business

business6 months ago•4 min saved

Trump Family's Bitcoin Holdings Surge After Nasdaq Listing

Donald Trump's oldest sons, Donald Trump Jr. and Eric Trump, own about 20% of American Bitcoin Corp, a bitcoin mining company, which debuted on Nasdaq and valued their stake at over $1.5 billion, highlighting the family's expanding involvement in the crypto industry amidst controversy over potential conflicts of interest.

via Reuters|

#american-bitcoin-corp #bitcoin #business

business6 months ago•4 min saved

Trump-Backed American Bitcoin Surges to $5 Billion in Nasdaq Debut

The Trump family's American Bitcoin, a new cryptocurrency company co-founded by Eric Trump, made its stock market debut, raising ethical concerns about potential conflicts of interest as the family benefits financially from crypto ventures amid a regulatory environment that appears to favor the industry.

via NBC News|

#american-bitcoin #business #cryptocurrency

business6 months ago•4 min saved

Trump Family's Wealth Grows $5 Billion with New Crypto Token Launch

A new crypto token called WLFI, issued by the Trump family's World Liberty Financial, has increased the family's paper wealth by approximately $5 billion despite initial volatility, highlighting the growing influence of cryptocurrency in political and financial spheres. The token grants governance rights and is part of Trump's broader interest in digital assets, amid concerns over conflicts of interest and insider ownership.

via CBS News|

#business #cryptocurrency #digital-assets

business6 months ago•1 min saved

Trump Family Gains $5 Billion from Crypto Token Launch

The Trump family profits approximately $5 billion from their holdings in the new crypto token $WLFI of World Liberty Financial, which they helped launch. The token's value fluctuated around 23 cents, with a peak of 40 cents, and the family's stake is currently locked and on paper. The venture was launched during Trump's presidential campaign, with the family holding a majority stake, and Trump previously serving as a key advocate for the project.

via ABC News|

#business #cryptocurrency #digital-assets

business6 months ago•3 min saved

Trump Family's $750M Crypto Deal Sparks Market and Legislation Questions

The Trump family is involved in a controversial $750 million crypto deal linked to the WLFI token, which could significantly impact their fortune. The deal involves circular transactions with Alt5 Sigma, raising transparency concerns, and the WLFI token is set to debut amid regulatory and market scrutiny, with potential for high volatility and controversy.

via BeInCrypto|

#alt5-sigma #business #crypto-deal

business6 months ago•2 min saved

Eric Trump Champions Cryptocurrency Growth and Global Influence

Eric Trump claimed his company, American Bitcoin, mines about 3% of the world's Bitcoin daily and plans to go public, as the Trump family shows strong involvement and interest in the cryptocurrency industry, which has seen significant growth and political influence during Trump's presidency.

via Gizmodo|

#american-bitcoin #bitcoin #business

world8 months ago•11 min saved

Ivanka Trump and Jared Kushner Invest in Luxury Resort on Albanian Sazan Island

Sazan Island, a pristine and historically military site in Albania, is on the verge of being transformed into a luxury resort by Ivanka Trump and Jared Kushner's real estate firm, sparking concerns over environmental impact and geopolitical implications, as the Albanian government supports the project with incentives despite environmentalist protests.

via The Guardian|

#albania #luxury-tourism #real-estate-development

business8 months ago•3 min saved

Trump's New $499 Smartphone and T1 Mobile Service Face Manufacturing and Ethical Scrutiny

The Trump Organization's new MAGAphones, set to launch in August at $499, face significant challenges in being fully manufactured in the U.S., with experts suggesting most components will likely need to be imported from abroad, especially China, due to the complexity and time required for full domestic production.

via The Independent|

#business #magaphones #smartphones