Eric Trump’s ABTC Stake, WLFI Boost Push Trump Family Wealth Up $1.3B

Cryptonews
Cryptonews
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The Trump family’s net worth surged by $1.3 billion this week, fueled by the trading debut of American Bitcoin (ABTC) and gains from World Liberty Financial (WLFI), a DeFi project linked to the family.

Key Takeaways:

  • The Trump family’s wealth jumped $1.3 billion this week, driven by ABTC’s debut and WLFI token gains.
  • Over $4 billion in WLFI holdings remain locked, excluded from Bloomberg’s valuation of their $7.7 billion net worth.
  • Eric Trump predicts Bitcoin will hit $1 million, as ABTC faces sharp volatility following its public listing.

According to Bloomberg, WLFI added $670 million to the family’s wealth, while Eric Trump’s stake in ABTC, which he co-founded, was valued at over $500 million after the company listed publicly on Wednesday.

Shares of ABTC briefly spiked to $14 before tumbling more than 50% to a low of $6.24....

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