The Trump family’s new cryptocurrency venture has delivered a windfall—at least on paper.
On Monday, the launch of WLFI, the token issued by World Liberty Financial, sent its value soaring once it began open-market trading. The surge pushed the Trump family’s holdings to an estimated $6 billion, according to market prices.
The debut functioned much like an IPO: early buyers, who had previously purchased WLFI privately, could now trade their tokens publicly for the first time. The strong opening price confirmed just how valuable the family’s stake could become—though, as with any digital asset, the figure remains highly volatile.