Trump and sons’ stake in crypto firm worth $5bn

SEP 3 - The crypto token backed by the Trump family has started publicly trading, giving the holdings owned by the US president and his sons a value of Kenya breaking news | Kenya news today |..
✨ Key Highlights
The crypto token backed by the Trump family, WLFI, has begun public trading, valuing the holdings of Donald Trump and his sons at approximately $5 billion. This development has reignited concerns about potential conflicts of interest given Trump's past and potential future role in regulating the crypto industry.
- The Trump family's stake in their crypto firm, World Liberty Financial, is valued at nearly $5 billion, with Donald Trump's personal holdings of 15.75 billion WLFI tokens worth over $3.4 billion.
- Key players include former President Donald Trump, his son Eric Trump, and their company World Liberty Financial, along with platforms like Binance and Coinbase.
- The WLFI token was trading at around $0.22 as of Tuesday, a drop of approximately 50% since trading began on Monday, despite which many early investors are still in profit.
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