According to Bloomberg's latest report, investments and projects related to cryptocurrencies have brought approximately $1.4 billion in income to the Donald Trump family in just one year, making crypto assets an increasingly important part of the family's financial structure.
The total assets of the Trump family amount to $6.8 billion
Bloomberg estimates that the Trump family's current net worth is approximately $6.8 billion.
It is worth noting that the proportion of crypto assets is close to 20%, marking a significant change in the asset structure compared to the past.
This indicates that cryptocurrencies are no longer a marginal investment but have become an important financial pillar.
Main sources of cryptocurrency revenue for the Trump family
Bloomberg notes that several projects contributed most of the revenue from the aforementioned $1.4 billion:
World Liberty Financial: approximately $390 million
Alt5 Sigma: approximately $591 million, the largest source of cryptocurrency revenue
TRUMP meme coin: approximately $280 million, although the token price subsequently fell sharply
American Bitcoin Corp: approximately $114 million
These projects collectively explain the approximately $1.4 billion in cryptocurrency revenue mentioned by Bloomberg.
Cryptocurrency becomes a core asset class
As cryptocurrency assets approach one-fifth of total assets, cryptocurrency has shifted from experimental investment to a core component of the Trump family's financial strategy.
This change is particularly striking, as Trump openly criticized Bitcoin and cryptocurrency during his previous presidential term.
Bloomberg believes this is a clear shift, viewing cryptocurrency as both an investment and a business sector.
The report also mentions several notable connections between the Trump family and key figures in the cryptocurrency industry:
Justin Sun is believed to have invested in World Liberty Financial, and the lawsuit by the U.S. Securities and Exchange Commission (SEC) against him was temporarily halted, raising questions about timing and legal factors.
Changpeng Zhao also appeared in the report, claiming that Binance supports the development of the USD1 project—a stablecoin related to a cryptocurrency plan associated with Trump.
These connections add complexity to the financial narrative with political and geopolitical dimensions.
Implications for politics and regulation
As the Trump family's massive cryptocurrency revenue is disclosed, the debate in the U.S. over cryptocurrency regulation remains intense.
Recently, Trump has shown a friendlier stance towards cryptocurrency and criticized the regulators' tough approach.
Bloomberg points out that this may intensify scrutiny of potential conflicts of interest between politics, business, and cryptocurrency.
A former U.S. president participating in the cryptocurrency market on such a large scale shows that cryptocurrency has deeply penetrated traditional power structures.
This could enhance the legitimacy of the cryptocurrency market but may also bring about stricter regulatory pressure.
Conclusion
Bloomberg's report depicts a significant change in the financial landscape of the Trump family, with cryptocurrency becoming a key asset class.
Whether this is a strategic adjustment or seizing opportunities, the relevant data indicates that cryptocurrency has become an important factor that top political figures cannot ignore.
