Trump family all in on crypto projects from bitcoin mining to stablecoins
(April 12): US President Donald Trump and his family have taken a interest in just about every corner of the crypto industry.
There are non-fungible tokens (NFTs) and digital collectibles; a decentralised finance (DeFi) project; a proposed stablecoin; an effort at bitcoin mining; and a pair of memecoins, one for the president and one for First Lady Melania Trump.
Taken together, the various projects are approaching US$1 billion (RM4.42 billion) in paper gains even after accounting for the latest round of trade war-induced market gyrations, according to Bloomberg calculations based on publicly available data.
Donald Trump is already the richest person to have ever become the US president, and his non-crypto holdings…
