The Trump family has unexpectedly entered the cryptocurrency market with the $WLFI project from World Liberty Financial (WLF), which is associated with Donald Trump. According to data published by WLF, Trump and his relatives may claim 75% of the project's profits—this is 22.5 billion tokens worth $337.5 million.
Interestingly, the Trump family has no legal responsibility for the company's activities, but their influence on the project and in the media sphere is evident. Donald Trump promotes himself as a defender of cryptocurrencies, while his sons act as "ambassadors of Web3." This is a strategic move, combining visibility with legal non-involvement.
World Liberty Financial plans to offer lending and investment services in digital assets, but its financial structure raises questions: the remaining 25% of the profits go to Axiom Management Group, not to charity.
The Trump family's influence in the crypto world could set a precedent for other politicians looking to leverage the potential of decentralized finance for personal gain.
