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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Trump Family’s Crypto Fortune Jumps $1.3B via WLFI and ABTC, Eyeing Real Estate Tokenization Next
Donald Trump’s family has sharply increased its cryptocurrency fortune. Stakes in World Liberty Financial (WLFI) and mining firm American Bitcoin (ABTC) have generated nearly $1.3 billion, lifting their total net worth to $7.7 billion.
WLFI Token Adds Hundreds of Millions The biggest boost came from WLFI, founded last year by Donald Trump Jr., Eric Trump, and Barron Trump. The launch of the WLFI token on September 1 with a market cap of $7 billion instantly added $670 million to the family’s net worth, according to the Bloomberg Billionaires Index. Eric Trump also scored major gains from ABTC, a Bitcoin mining firm launched in March. His 7.5% stake, valued at nearly $1 billion, surged following the company’s September 3 market debut. Donald Trump Jr. also holds a smaller, undisclosed stake.
Plans for Real Estate Tokenization The Trumps are not stopping with crypto tokens. According to investor Warren Hui of Soul Ventures, Eric Trump has floated plans for real estate tokenization. This move would digitize physical assets into tradable blockchain proxies. “When speaking with Eric Trump, it was clear he drew on the family’s deep experience in hospitality and real estate,” Hui noted.
WLFI Strengthens Its Position World Liberty Financial has quickly established itself among major players. The company secured $1.5 billion in financing led by Nasdaq-listed ALT5 Sigma to bolster its digital asset reserves and balance sheet stability. WLFI has more than 24 billion tokens in circulation, with 22.5 billion held by the Trump family. These holdings remain non-liquid, limiting immediate cash conversion. WLFI tokens are already listed on major exchanges, including Binance.
American Bitcoin Expands American Bitcoin, backed by Eric and Donald Trump Jr., is also gaining traction. Founded shortly after Donald Trump’s inauguration, the company focused on Bitcoin mining. A partnership with Hut 8 Corp. provided hardware, while a merger with Gryphon Digital Mining rebranded the firm as American Bitcoin Corp. (ABTC). Today, ABTC trades publicly, with analysts noting its generated wealth rivals the family’s landmark properties like Trump Tower and Mar-a-Lago.
#TRUMP , #WLFI , #crypto , #Tokenization , #blockchain
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