The WSJ estimated the income of the Trump family after the opening of trading of the WLFI cryptocurrency

The family of US President Donald Trump earned approximately $5 billion after the opening of trading of his cryptocurrency World Liberty Financial (WLFI). This was reported on September 2 by The Wall Street Journal (WSJ).

"On Monday, the Trump family earned about $5 billion in paper ownership after its flagship cryptocurrency venture opened trading in a new digital currency," the publication says.

It clarifies that WLFI can now be bought and sold on the open market. According to the newspaper, the September 1 auction was "the biggest financial success of the Trump family since his inauguration."

It is noted that the family of the US president, including himself, owns less than a quarter of all existing WLFI tokens — three sons are co-founders of World Liberty, and the head of the current administration is considered the "honorary" co-founder of the organization.

The article also emphasizes that WLFI, according to preliminary information, is currently the "most valuable asset of the Trumps." This resource exceeds the portfolio of real estate that has been accumulated over decades.

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On August 26, Bloomberg reported that Trump's company, Trump Media & Technology Group Corp., exchange Crypto.com and Yorkville Acquisition Corp. An agreement has been announced to establish a digital asset management company, Trump Media Group CRO Strategy, Inc. It clarifies that the expected financing of digital assets will consist of $1 billion in CRO, $200 million in cash and $220 million in mandatory warrants, as well as an additional credit line of $ 5 billion from Yorkville. In addition, such a measure will make the company the first and largest publicly traded holder of the CRO token.

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