President's family wealth leaps as trading starts on Trump cryptocurrency Swapna Venugopal Ramaswamy, USA TODAY September 3, 2025 at 2:04 AM WASHINGTON − A cryptocurrency token issued by the Trump family's World Liberty Financial had a lukewarm opening on Sept.
- - President's family wealth leaps as trading starts on Trump cryptocurrency
Swapna Venugopal Ramaswamy, USA TODAY September 3, 2025 at 2:04 AM
WASHINGTON − A cryptocurrency token issued by the Trump family's World Liberty Financial had a lukewarm opening on Sept. 1 with its value declining on the first day of trading.
Still, the president and his family may have amassed as much as $5 billion on paper from the offering, according to one analysis. The venture is backed by the Trumps and lists President Donald Trump as a "co-founder emeritus,"
The World Liberty tokens, known as $WLFI, were sold to investors last October. After Trump took office in January, his administration moved to ease regulation of the cryptocurrency industry.
The new course will officially open on Aug. 13, 2025, according to the property's website, which boasts of an "unmatched experience" that will solidify Trump Scotland's reputation as a global golf destination.
" style=padding-bottom:56%>President Donald Trump walks to the first tee to officially open the Trump International Golf Links course in Balmedie, Aberdeenshire, north east Scotland on July 29, 2025. Trump visited Scotland in a trip that's part-vacation, part-work, as he stayed at his Trump Turnberry golf course, followed by Trump International Golf Links in Aberdeenshire, between July 25 to 29.The new course will officially open on Aug. 13, 2025, according to the property's website, which boasts of an "unmatched experience" that will solidify Trump Scotland's reputation as a global golf destination.
" data-src=https://ift.tt/vtN647e class=caas-img data-headline="Trump-branded hotels, golf courses, condos and more: See inside his business empire" data-caption="
President Donald Trump walks to the first tee to officially open the Trump International Golf Links course in Balmedie, Aberdeenshire, north east Scotland on July 29, 2025. Trump visited Scotland in a trip that's part-vacation, part-work, as he stayed at his Trump Turnberry golf course, followed by Trump International Golf Links in Aberdeenshire, between July 25 to 29.The new course will officially open on Aug. 13, 2025, according to the property's website, which boasts of an "unmatched experience" that will solidify Trump Scotland's reputation as a global golf destination.
">President Donald Trump walks to the first tee to officially open the Trump International Golf Links course in Balmedie, Aberdeenshire, north east Scotland on July 29, 2025. Trump visited Scotland in a trip that's part-vacation, part-work, as he stayed at his Trump Turnberry golf course, followed by Trump International Golf Links in Aberdeenshire, between July 25 to 29.The new course will officially open on Aug. 13, 2025, according to the property's website, which boasts of an "unmatched experience" that will solidify Trump Scotland's reputation as a global golf destination.
" src=https://ift.tt/vtN647e class=caas-img>General view of Trump Turnberry hotel, Turnberry on May 2, 2023 in Turnberry, Scotland.
" data-src=https://ift.tt/RGrDm8l class=caas-img data-headline="Trump-branded hotels, golf courses, condos and more: See inside his business empire" data-caption="
General view of Trump Turnberry hotel, Turnberry on May 2, 2023 in Turnberry, Scotland.
">General view of Trump Turnberry hotel, Turnberry on May 2, 2023 in Turnberry, Scotland.
" src=https://ift.tt/RGrDm8l class=caas-img>The Trump International Hotel Las Vegas stands along the Las Vegas Strip one day before the Nevada Republican presidential caucus on February 7, 2024 in Las Vegas, Nevada.
" data-src=https://ift.tt/dCl4Oz6 class=caas-img data-headline="Trump-branded hotels, golf courses, condos and more: See inside his business empire" data-caption="
The Trump International Hotel Las Vegas stands along the Las Vegas Strip one day before the Nevada Republican presidential caucus on February 7, 2024 in Las Vegas, Nevada.
">The Trump International Hotel Las Vegas stands along the Las Vegas Strip one day before the Nevada Republican presidential caucus on February 7, 2024 in Las Vegas, Nevada.
" src=https://ift.tt/dCl4Oz6 class=caas-img>President Donald Trump and first lady Melania view the Florida Atlantic University Marching Band Performance outside Trump International Golf Club on February 3, 2019. President Trump was arriving for his annual Super Bowl watch party at his golf club in West Palm Beach.
" data-src=https://ift.tt/ndegWE3 class=caas-img data-headline="Trump-branded hotels, golf courses, condos and more: See inside his business empire" data-caption="
President Donald Trump and first lady Melania view the Florida Atlantic University Marching Band Performance outside Trump International Golf Club on February 3, 2019. President Trump was arriving for his annual Super Bowl watch party at his golf club in West Palm Beach.
">President Donald Trump and first lady Melania view the Florida Atlantic University Marching Band Performance outside Trump International Golf Club on February 3, 2019. President Trump was arriving for his annual Super Bowl watch party at his golf club in West Palm Beach.
" src=https://ift.tt/ndegWE3 class=caas-img>
General view of the Trump Ocean Club building in Panama Pacific neighborhood, in Panama City on July 30, 2015. The development is not owned by Trump, but bears his name under a license agreement.
" data-src=https://ift.tt/yNXO7EC class=caas-img data-headline="Trump-branded hotels, golf courses, condos and more: See inside his business empire" data-caption="
General view of the Trump Ocean Club building in Panama Pacific neighborhood, in Panama City on July 30, 2015. The development is not owned by Trump, but bears his name under a license agreement.
">General view of the Trump Ocean Club building in Panama Pacific neighborhood, in Panama City on July 30, 2015. The development is not owned by Trump, but bears his name under a license agreement.
" src=https://ift.tt/yNXO7EC class=caas-img>A general view of Trump International Golf Links on June 25, 2016 in Aberdeen, Scotland. Trump was in Scotland for the reopening of the refurbished Open venue golf resort Trump Turnberry which underwent an eight month refurbishment as part of an investment thought to be worth in the region of two hundred million pounds.
" data-src=https://ift.tt/805yrwY class=caas-img data-headline="Trump-branded hotels, golf courses, condos and more: See inside his business empire" data-caption="
A general view of Trump International Golf Links on June 25, 2016 in Aberdeen, Scotland. Trump was in Scotland for the reopening of the refurbished Open venue golf resort Trump Turnberry which underwent an eight month refurbishment as part of an investment thought to be worth in the region of two hundred million pounds.
">A general view of Trump International Golf Links on June 25, 2016 in Aberdeen, Scotland. Trump was in Scotland for the reopening of the refurbished Open venue golf resort Trump Turnberry which underwent an eight month refurbishment as part of an investment thought to be worth in the region of two hundred million pounds.
" src=https://ift.tt/805yrwY class=caas-img>
sever its contracts with the organization in 2021 following the Jan. 6 insurrection at the U.S. Capitol in Washington, D.C., according to Spectrum News.
" style=padding-bottom:56%>People ice skate during snowfall at the Wollman Rink in New York City on January 6, 2024. Wollman was previously operated by the Trump Organization, however, the city decided to sever its contracts with the organization in 2021 following the Jan. 6 insurrection at the U.S. Capitol in Washington, D.C., according to Spectrum News.
" data-src=https://ift.tt/uAmd5Og class=caas-img data-headline="Trump-branded hotels, golf courses, condos and more: See inside his business empire" data-caption="
People ice skate during snowfall at the Wollman Rink in New York City on January 6, 2024. Wollman was previously operated by the Trump Organization, however, the city decided to sever its contracts with the organization in 2021 following the Jan. 6 insurrection at the U.S. Capitol in Washington, D.C., according to Spectrum News.
">People ice skate during snowfall at the Wollman Rink in New York City on January 6, 2024. Wollman was previously operated by the Trump Organization, however, the city decided to sever its contracts with the organization in 2021 following the Jan. 6 insurrection at the U.S. Capitol in Washington, D.C., according to Spectrum News.
" src=https://ift.tt/uAmd5Og class=caas-img>
People walk by 40 Wall Street, a Trump-owned building in downtown Manhattan on March 19, 2024 in New York City.
" data-src=https://ift.tt/9DVJlF1 class=caas-img data-headline="Trump-branded hotels, golf courses, condos and more: See inside his business empire" data-caption="
People walk by 40 Wall Street, a Trump-owned building in downtown Manhattan on March 19, 2024 in New York City.
">People walk by 40 Wall Street, a Trump-owned building in downtown Manhattan on March 19, 2024 in New York City.
" src=https://ift.tt/9DVJlF1 class=caas-img>
1 / 36Trump-branded hotels, golf courses, condos and more: See inside his business empireFormer President Donald Trump's business deals — including Trump-branded skyscrapers, golf courses and hotels — span the globe. See inside his business empire.
In this file photo, Trump during a round of golf at his Turnberry course on May 2, 2023 in Turnberry, Scotland.
Investors in the tokens voted in July to make them tradable, paving the way for their sale and purchase − and potentially boosting the value of the president's holdings.
Monday's launch was something like an initial public offering, enabling holders of the token to trade them like stocks or other financial instruments.
World Liberty Financial lists Trump's three sons, Donald Jr., Eric and 19-year-old Barron as co-founders. Trump's diplomatic envoy, Steve Witkoff, like Trump, is listed as a "co-founder emeritus" while his sons, Zach and Alex, are listed as co-founders.
The tokens are now being offered on some of the world's largest cryptocurrency exchanges.
A Hong Kong cryptocurrency company uses the image of President Donald Trump in an advertisement on March 12, 2025. Trump calls himself the first "Crypto President."
On Binance, the first cryptocurrency exchange to list $WLFI, the token traded between about 30 cents and 20 cents each. At the higher price, the Trumps' stake is worth more than $5 billion, according to the Wall Street Journal. World Liberty, which aims to allow people to access financial services without intermediaries like banks, said in March that it had raised $550 million selling $WLFI.
U.S. President Donald Trump speaks next to Crypto czar David Sacks and U.S. Treasury Secretary Scott Bessent at the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025.
While campaigning for president in 2024, Trump said he would be a "crypto president" promoting crypto-friendly polices in contrast to his predecessor, former President Joe Biden. He has said he'd make the U.S. the "crypto capital of the planet."
CRYPTO: How much money did Trump make in first 100 days? Crypto deals raise questions
In July, Trump signed a landmark legislation package, known as the GENIUS Act, which creates a regulatory framework for stablecoins, a type of cryptocurrency tied to the value of an asset like the U.S. dollar. World Liberty has a stablecoin called USD1.
In May, Trump hosted a dinner at his Virginia golf club for 220 investors who invested an estimated $148 million on the $TRUMP meme coin, with the top 25 holders being granted a private VIP reception with Trump. The move drew criticism from Democratic lawmakers and others about its ethical implications.
Contributing: Reuters
Swapna Venugopal Ramaswamy is a White House Correspondent for USA TODAY. You can follow her on X @SwapnaVenugopal
This article originally appeared on USA TODAY: Trump family's crypto windfall could hit $5 billion
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