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The Trump family is going all-in on crypto projects, from Bitcoin mining to stablecoins

Teresa Xie and Olga Kharif / Bloomberg
Teresa Xie and Olga Kharif / Bloomberg • 6 min read
The Trump family is going all-in on crypto projects, from Bitcoin mining to stablecoins
Photo: Bloomberg
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President Donald Trump and his family have taken a interest in just about every corner of the crypto industry.

There are nonfungible tokens and digital collectibles; a decentralized finance project; a proposed stablecoin; an effort at Bitcoin mining; and a pair of memecoins, one for the president and one for First Lady Melania Trump. 

Taken together, the various projects are approaching US$1 billion in paper gains even after accounting for the latest round of trade war-induced market gyrations, according to Bloomberg calculations based on publicly available data.

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