President Donald Trump and his family saw their wealth surge over the weekend with the launch of two new cryptocurrencies, capitalizing on the crypto industry's enthusiasm for the incoming administration. The Trump Organization and its affiliates own 80% of the Trump memecoin. The Trump family retains 75% of the revenue from World Liberty Financial, a decentralized finance project that has raised over $300 million.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump and his family saw their wealth surge over the weekend with the launch of
00:07two new cryptocurrencies, capitalizing on the crypto industry's enthusiasm for the incoming
00:13administration, the Trump Organization, and its affiliates own 80% of the Trump meme coin.
00:19Trump family retains 75% of the revenue from World Liberty Financial,
00:24a decentralized financial project that has raised over $300 million.
00:28For all things money, visit Benzinga.com slash GSTV.