According to World Liberty Financial’s website, DT Marks DEFI LLC and certain Trump family members previously held 22.5 billion WLFI tokens. The company unlocked the tokens as part of its plan to create the initial circulating supply. This allowed the Trump family’s holdings to reach a value of around $5 billion based on the release-day WLFI price. 

Trump’s Crypto Ventures and Memecoin Support 

Trump and his sons backed the crypto project launched in September 2024 during the presidential campaign. The initiative includes the official Trump memecoin and a family-owned Bitcoin mining company. However, critics argued the projects could influence U.S. government policies through financial ties to the president. On the other hand, The New Yorker reported that Trump earned roughly $2.4 billion from crypto ventures since 2022. 

The family also earned revenue from its mining venture and memecoin. Additionally, Trump gained $243 million from crypto agreements between the U.S. and the United Arab Emirates. Moreover, the Trump Media & Technology Group earned $1.3 billion from its Bitcoin holdings. 

American Bitcoin IPO and Gryphon Digital Merger 

The Trump family’s crypto mining company, American Bitcoin, will go public following its merger with Gryphon Digital on Tuesday. The deal involves a reverse five-for-one stock split. The combined company will trade under the ABTC symbol. This IPO offers new opportunities for investors. Meanwhile, the merger has drawn attention in both U.S. and international crypto markets. 

As a result, the Donald T. family secured significant growth in crypto investments. Their holdings now demonstrate strong influence in both token markets and the mining sector. Crypto investors and enthusiasts are closely following these developments. 

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The company made this decision to concentrate on advancing its technology and updating the roadmap to incorporate a revision of the current lock-up period.

They postponed the unlocking of the StarkNet STRK token to 15 April 2024. However, the company had initially allocated these tokens to early supporters of the StarkWare ecosystem, main supporters, and StarkWare employees. Consequently, the tokens were not intended for public distribution.

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When StarkWare announced it was delaying the unlocking of its native project token, STRK,’ until April 2024,’, various speculations emerged about how this delay could potentially affect an airdrop. However, a source with direct knowledge clarified that the company does not intend to make these tokens available to the general public. This raised questions about whether the company is still planning an airdrop.

This source also added that, “since the unlocking of the two types of tokens have never been interdependent, it does not mean that the delay of the first unlocking will delay the next one.”

Last November, the Starknet Foundation announced it would deploy 50.1% of the total STRK token supply to fulfil the vision of StarkNet’s decentralization plan. The STRK token will serve purposes such as covering transaction fees, participating in governance, and staking on the StarkNet network.

This delay reflects StarkWare’s intention to focus on further developing their technology to ensure the long-term success of StarkNet. Furthermore, it shows that the project is focusing on participants within the ecosystem rather than public distribution.

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