WSJ: Trump family amassed US$5 billion in paper wealth after WLFI issuance "
On September 2, according to the Wall Street Journal, the Trump family increased its book wealth by as much as US$5 billion on Monday because its flagship cryptocurrency project launched a new digital currency transaction. The deal's debut is likely to be Trump's family's biggest financial success since taking office. Currently, the Trump family (including Trump himself) holds less than a quarter of the WLFI tokens. Trump's three sons are co-founders of World Liberty, while Trump himself is dubbed "Honorary Co-Founder". World Liberty said the founders and team members 'tokens are still locked, meaning they are still unable to sell them. However, the launch of the transaction gave it a true market valuation of the tokens it held, which before then had been valued only based on private transactions. Today, WLFI is likely to become the Trump family's most valuable asset, surpassing the real estate portfolio they have operated for decades. Although the Trump family has continued to pursue real estate deals around the world since taking office, the fast-growing cryptocurrency business has clearly had the most immediate early impact.
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