The recent stock debut of companies associated with the Trump family significantly boosted their wealth. This was especially true following the launch of American Bitcoin Corp and World Liberty Financial.
Stock Debuts of ABTC and WLFI
The Trump family saw their wealth increase by $1.3 billion after the successful debuts of American Bitcoin Corp. (ABTC) and World Liberty Financial (WLFI). WLFI, a decentralized finance (DeFi) protocol, contributed $670 million to their net worth, while Eric Trump's stake in ABTC was valued at over $500 million after the stock debut on September 3, 2025. According to Bloomberg, the total net worth of the Trump family now exceeds $7.7 billion.
Stock Volatility
ABTC, which returned to US stock exchanges after merging with Gryphon Digital Mining, faced significant volatility on its first trading day. Shares soared to $13 before crashing by over 50% to around $6.72. This volatility resulted in five trading halts due to high fluctuations. WLFI also experienced notable ups and downs: on September 1, 24.6 billion tokens were unlocked for trading, leading to a sharp price increase before a drop of over 40%.
Criticism and Prospects
The Trump family's shift towards cryptocurrency has elevated the legitimacy of this sector in the US following years of restrictive policies. However, it has also attracted criticism from Democratic lawmakers who argue that the First Family's investments in this area could be seen as a conflict of interest. The launch of ABTC and WLFI highlights both the potential and risks of crypto markets for investors.
Thus, the significant increase in the Trump family's wealth through cryptocurrency assets has drawn attention to the instability of this market, making it both attractive and risky for investors.
