The family of United States president Donald Trump grew their collective wealth by $1.3 billion this week amid the trading debut of mining company American Bitcoin (ABTC), and gains from World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol linked to the Trump family.<\/p>\n
World Liberty Financial has added $670 million to the Trump family\u2019s net worth, and Eric Trump\u2019s stake in ABTC, which he co-founded, was valued at over $500 million following the trading debut of ABTC on Wednesday, according to Bloomberg<\/a>.<\/p>\n The calculation measured the family\u2019s net worth using market prices on Wednesday when shares of ABTC shot up to a high of $14<\/a> before collapsing by over 50% to a low of 6.24.\u00a0<\/p>\n ABTC price action following merger with Gryphon Digital Mining. Source: <\/em>TradingView<\/em><\/a><\/p>\n Additionally, the $1.3 billion did not account for the roughly $4 billion in WLFI tokens<\/a> held by the Trump family that are subject to lock-up periods.\u00a0<\/p>\n Using current market prices and excluding the $4 billion in WLFI tokens, the family\u2019s collective net worth stands at over $7.7 billion, according<\/a> to the Bloomberg Billionaires Index.\u00a0<\/p>\n Trump family\u2019s collective net worth surges in September. Source: <\/em>Bloomberg<\/em><\/a><\/p>\n The Trump family\u2019s involvement in crypto has brought an air of legitimacy to the cryptocurrency industry in the US following years of anti-crypto policies under the previous administration.<\/p>\n However, the US president\u2019s crypto ties have also invited scrutiny from Democratic lawmakers<\/a> in the US, who say the First Family\u2019s involvement in the crypto sector represents a conflict of interest.<\/p>\n Related: <\/strong><\/em>Trump family went pro-crypto after Biden \u2018weaponized’ banks: WSJ<\/strong><\/em><\/a><\/p>\n World Liberty Financial made its trading debut on major crypto exchanges on Monday, unlocking 24.6 billion WLFI tokens<\/a> for the launch, which saw an initial trading spike before token prices collapsed by over 40%<\/a>.<\/p>\n American Bitcoin was relisted on US stock exchanges, following a merger with Gryphon Digital Mining<\/a>, a publicly listed crypto mining company, on Wednesday.<\/p>\n Trading of ABTC\u2019s stock was halted five times on Wednesday due to heightened volatility, which saw the stock soar to a high of $14 before collapsing to current prices of about $7.36 per share.<\/p>\n Magazine: <\/strong><\/em>Crypto traders \u2018fool themselves\u2019 with price predictions: Peter Brandt<\/strong><\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The family of United States president Donald Trump grew their collective wealth by $1.3 billion this week amid the trading debut of mining company American Bitcoin (ABTC), and gains from World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol linked to the Trump family. World Liberty Financial has added $670 million to the Trump family\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":28842,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac","fifu_image_alt":"","footnotes":""},"categories":[11990],"tags":[3720,5060,4281,8439,5051,473,811],"class_list":["post-28841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-plug","tag-billion","tag-collective","tag-crypto","tag-familys","tag-grows","tag-trump","tag-wealth"],"rttpg_featured_image_url":{"full":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",0,0,false],"landscape":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",0,0,false],"portraits":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",0,0,false],"thumbnail":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",150,150,false],"medium":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",300,300,false],"large":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",1024,1024,false],"1536x1536":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",1536,1536,false],"2048x2048":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",2048,2048,false],"post-thumbnail":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",370,265,false],"kava-thumb-s":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",150,85,false],"kava-thumb-s-2":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",230,230,false],"kava-thumb-m":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",400,400,false],"kava-thumb-m-vertical":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",370,500,false],"kava-thumb-m-2":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",570,450,false],"kava-thumb-l":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",1170,650,false],"kava-thumb-xl":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",1920,1080,false],"kava-thumb-masonry":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",600,999,false],"kava-thumb-justify":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",640,640,false],"kava-thumb-justify-2":["https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-09\/01992669-f162-7271-b1e0-6db3a42d86ac",1280,640,false]},"rttpg_author":{"display_name":"#RiseCelestialStudios","author_link":"https:\/\/design-providers.com\/rise\/author\/ralph-c\/"},"rttpg_comment":0,"rttpg_category":"CRYPTO PLUG<\/a>","rttpg_excerpt":"The family of United States president Donald Trump grew their collective wealth by $1.3 billion this week amid the trading debut of mining company American Bitcoin (ABTC), and gains from World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol linked to the Trump family. World Liberty Financial has added $670 million to the Trump family\u2019s…","_links":{"self":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/28841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/comments?post=28841"}],"version-history":[{"count":1,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/28841\/revisions"}],"predecessor-version":[{"id":28843,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/28841\/revisions\/28843"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media\/28842"}],"wp:attachment":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media?parent=28841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/categories?post=28841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/tags?post=28841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}American Bitcoin and World Liberty made high volatility trading debuts this week<\/h2>\n