Trump Family Crypto Business Nabs $26 Million Profit From Quarter-Billion Ethereum Stake
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Donald Trump family’s primary cryptocurrency venture, World Liberty Financial (WLF), has seen its Ethereum (CRYPTO: ETH) investment balloon to a staggering $251 million, leading to a paper profit of $26 million.
What Happened: WLF has been consistently amassing ETH. The firm’s most recent acquisition was 861 ETH on July 18, which cost $3 million in USDC.
This purchase has increased WLF’s total ETH holdings to 70,143, currently valued at an estimated $251 million, and has generated over $23 million in unrealized profits.
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