Today, the spotlight shines brightly on the Trump Crypto Empire, where high-stakes fundraisers mingle with massive profits, proving once again that crypto’s not just money; it’s a thrill ride!
President Donald Trump Crypto Empire Dinner
President Donald Trump hosted a star-packed fundraiser aimed at building a lavish new ballroom addition to the iconic residence. It was attended by the dynamic duo of Gemini co-founders Cameron and Tyler Winklevoss, plus top leadership from Coinbase and Ripple. Other big names at the table included reps from Meta, Google, Amazon, Lockheed Martin, and Microsoft, plus former Bakkt CEO Kelly Loeffler, now steering the Small Business Administration under Trump.
According to a fresh Wall Street Journal report, these crypto powerhouses pledged funds for the $250 million project, which promises to expand the White House by a whopping 90,000 square feet.
This event was a testament to the growing influence of the Trump Crypto Empire in bridging tech and politics. Meanwhile, there is no deal in sight between Democrats and Republicans to reopen the government.
Trump’s second term has supercharged the Trump Crypto Empire
A Financial Times deep dive reveals the family’s crypto ventures raking in over $1 billion in pre-tax profits in just the past year. Eric Trump hinted the actual haul is “probably more.”
At the heart of this is World Liberty Financial, a slick crypto outfit founded by Trump’s sons and close allies. This powerhouse has peddled billions in tokens and stablecoins, with plans for a game-changing crypto-lending app.
In June, Trump disclosed a cool $57.4 million from his World Liberty Financial ties. Then, last month, the family’s stake skyrocketed to $5 billion post-token unlock. FT estimates a $550 million windfall from WLFI alone this year. Memecoins like Official Trump (TRUMP) at $5.86 and Official Melania Meme (MELANIA) at $0.11 have funneled hundreds of millions through sales and fees.
Shifting gears to a hilarious hiccup in the crypto cosmos, Paxos accidentally minted a mind-boggling 300 trillion PayPal stablecoins.
However, the eagle-eyed crypto community spotted the glitch in a flash, thanks to the tech’s unbreakable transparency.
All in all, today’s crypto headlines scream opportunity and innovation, with the Trump Crypto Empire leading the charge. Whether it’s forging alliances at fundraisers or minting fortunes through savvy ventures, this empire is rewriting the rules in the most electrifying way.
Stay tuned for more crypto thrills and don’t forget to follow our socials.
