US President Donald Trump and his family have made over $620 million in just a few months by venturing into the world of cryptocurrency, a significant shift from their traditional real estate ventures.
The Trump family, known for their real estate business, has now transitioned to projects like World Liberty Financial and the Trump memecoin, which have been lucrative sources of income, with the former selling about $550 million worth of tokens, funneling nearly $400 million to the Trump family by March.
Compared to the revenue generated from licensing buildings last year, the income from crypto projects has far surpassed it, marking a notable financial transformation for the Trumps.
The Trump family's involvement in cryptocurrency, including ventures like World Liberty Financial and American Bitcoin, demonstrates their ability to quickly amass wealth by leveraging their renowned name in the digital currency space.