WLFI Token Added $670 Million 

Donald Trump Jr., Eric Trump, and Barron Trump co-founded World Liberty Financial (WLFI) last year. On September 1, WLFI launched its token with a $7 billion market cap. According to Bloomberg, this single move increased the Trump family’s collective wealth by $670 million. 

WLFI already has over 24 billion tokens in circulation. However, the family’s 22.5 billion token allocation remains locked, meaning it cannot yet be liquidated. Still, World Liberty quickly positioned itself as a major player. Backed by Nasdaq-listed ALT5 Sigma, WLFI secured $1.5 billion in funding. This treasury strategy is designed to strengthen digital reserves and ensure long-term financial stability. 

American Bitcoin and Real Estate Tokenization 

Eric Trump owns about 7.5% of American Bitcoin (ABTC). After its September 3 market debut, his stake nearly reached $1 billion. Donald Trump Jr. also holds a smaller, undisclosed share. 

American Bitcoin went public after merging with Gryphon Digital Mining and now trades under the ticker ABTC. The company also partnered with Hut 8 Corp. to secure mining hardware and expand operations. 

Meanwhile, the family is preparing for its next blockchain move: real estate tokenization. According to Soul Ventures’ Warren Hui, Eric Trump has discussed creating blockchain-based tokens backed by physical properties. In practice, this would turn real estate assets into tradable digital securities. This initiative combines the Trump family’s property expertise with crypto innovation. 

For decades, the family grew its wealth through real estate and hospitality. However, WLFI and American Bitcoin have already generated wealth comparable to Mar-a-Lago and Trump Tower. Both ventures show how quickly the Trumps are shifting their focus from traditional property to blockchain finance. 

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Trump Family Gained $1.3B from Crypto, But How? appeared first on Coin Engineer.

The company, majority-owned by Hut 8, confirmed raising $220 million through a private placement of 11 million shares. Most notably, $10 million worth of shares were bought with Bitcoin, signaling a high-stakes bet on the future of digital assets.

Bitcoin-Funded Investment Draws Attention

The Form 8-K filing with the SEC reveals a significant shift in how capital is raised in the crypto world. American Bitcoin accepted Bitcoin instead of fiat for part of the raise, with an average acquisition price of $104,000 per coin.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

As of June 10, the company held 215 Bitcoin in its treasury — a figure likely to rise after this funding round. The strategic choice to hold Bitcoin rather than sell signals long-term confidence in the asset.

Hut 8 Expands Global Presence With Dubai Office

Meanwhile, parent company Hut 8 is expanding internationally. Bloomberg reports that a new office has been opened in Dubai under the name Hut 8 Investment Ltd., aimed at cryptocurrency trading and digital asset accumulation.

CEO Asher Genoot stated that the Dubai expansion would enhance capital strategy precision and execution. Importantly, Hut 8 clarified that the Dubai office operates independently from American Bitcoin.

The move reflects the United Arab Emirates’ growing appeal as a hub for crypto startups, thanks to favorable regulations and tax structures.

Going Public via Nasdaq: A Major Milestone

American Bitcoin also announced plans to go public by merging with Gryphon Digital Mining, a company listed on Nasdaq. The stock-for-stock merger will retain the American Bitcoin name and see Eric Trump take a seat on the board.

Post-merger, current American Bitcoin shareholders will own 98% of the new entity, while Hut 8 continues to oversee operations — cementing its position as a leading force in the global Bitcoin mining sector.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post American Bitcoin Raises $220M to Expand Bitcoin Mining and Treasury appeared first on Coin Engineer.

USD1 Sent To Thousands Of WLFI Wallets

World Liberty Financial, backed by former U.S. President Donald Trump, has distributed 47 USD1 tokens to each wallet that took part in the sale of the project’s native token, WLFI. Data from Etherscan, confirmed by Lookonchain and SlowMist, shows the tokens were sent in a bulk transaction late Tuesday night.

While the project has not made an official announcement, it had previously proposed this airdrop as a method to test its Ethereum-based distribution system and thank early supporters. A community vote held last month saw 99.96% approval for the airdrop.

According to earlier statements, more than 85,000 participants had completed the know-your-customer process during the WLFI sale.

Centralization And Controversy Cloud The Launch

Launched in March, USD1 is described as being fully backed by U.S. Treasury bills, USD deposits, and cash equivalents. Despite these assurances, centralization remains a key concern.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Dune Analytics data reveals that two wallets hold 84.4% of the entire USD1 supply, with a third wallet holding 9.5%. It is unclear whether these wallets are managed by World Liberty Financial, strategic investors like Justin Sun, or third-party custodians such as BitGo.

Adding to the controversy is the Trump family’s deep involvement in the project. According to the whitepaper, Donald Trump and his three sons serve as ambassadors or public advocates for World Liberty. This has sparked conflict of interest concerns, especially among political opponents.

Senator Richard Blumenthal recently accused the Trump family of financially benefiting from WLFI, an allegation that World Liberty’s legal team has strongly denied.

Stablecoins Under Regulatory Spotlight

The airdrop comes amid increasing regulatory scrutiny. The proposed GENIUS Act in the U.S. aims to enforce strict transparency and safety requirements for stablecoin issuers. Meanwhile, dollar-backed stablecoins have exceeded $250 billion in global market cap, driven by both retail and institutional demand.

With such powerful names backing it, World Liberty’s next moves will be closely watched—not just by investors, but by regulators, too.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Trump-Backed Project Quietly Airdrops USD1 Stablecoins To WLFI Holders appeared first on Coin Engineer.

As of May 6, over 99.97% of votes cast on the WLFI governance forum supported the plan, with over 2.6 billion votes in favor and just 901,000 votes against.

“Testing the airdrop system in a real environment is essential to ensure smart contract reliability. It also acts as a meaningful thank-you to our earliest community members,” the proposal reads.

USD1 Test Launch And WLFI’s Growth Strategy

The exact amount of USD1 to be airdropped has not been disclosed and will depend on the number of eligible wallets and available budget. No date for the airdrop has been announced. WLFI reserves the right to suspend, modify, or cancel the test at any time.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

WLFI launched the USD1 stablecoin in March 2025. Since its September 2024 debut, the firm has conducted two public token sales, raising a total of $550 million from over 85,000 registered holders.

The Global Race For Stablecoins Intensifies

The market cap of US dollar-pegged stablecoins reached $230 billion in April, according to Citigroup, a 54% increase year-on-year. Tether (USDT) and USDC continue to dominate 90% of this market.

Meanwhile, other nations are exploring their own non-dollar stablecoins. On April 28, three major Abu Dhabi institutions revealed a dirham-backed stablecoin project. And in Russia, the Finance Ministry proposed creating a national stablecoin after sanctions froze wallets linked to Garantex and Tether.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post World Liberty Financial Proposes USD1 Airdrop To WLFI Holders appeared first on Coin Engineer.

They expressed alarm over DOJ’s lack of attention to crypto mixers, labeling them as “essential tools for cybercriminals.”

DOJ Says It’s Not a Regulator

On April 7, DOJ official Todd Blanche defended the shutdown with the claim:

“The Department of Justice is not a digital assets regulator.”

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Democrats disagreed strongly, stating that a passive stance toward technology used in major crimes is “nonsensical.” They also cited DOJ’s apparent refusal to pursue Bank Secrecy Act violations, creating what they describe as a systemic vulnerability in the digital asset space.

Trump Family’s Crypto Links Under Scrutiny

The senators also pointed to potential conflicts of interest involving Donald Trump and his family. According to the letter, the DOJ’s actions may be tied to Trump’s crypto ambitions.

The Trump-backed World Liberty Financial is launching a stablecoin, while Eric Trump and Donald Trump Jr. are planning a new crypto mining company, American Bitcoin.

In the letter, they wrote:

“Your decisions give rise to concerns that President Trump’s interest in selling his cryptocurrency may be the reason for easing law enforcement scrutiny.”

They requested a full staff-level briefing from the DOJ by May 1 to explain the rationale behind the closure.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Democrats Blast DOJ for Shutting Down Crypto Crime Division appeared first on Coin Engineer.

A Key Move for Bitcoin Economy!

Metaplanet CEO Simon Gerovich stated that Eric Trump’s business acumen and passion for Bitcoin will play a crucial role in accelerating the company’s vision of becoming a leader among Bitcoin Treasury companies. Eric Trump brings extensive experience in real estate, finance, brand development, and business growth. He is also an advocate for the global adoption of digital assets.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Metaplanet’s Bitcoin Ambitions

Metaplanet currently holds 3,050 Bitcoin, valued at approximately $4.1 billion. The firm aims to accumulate 10,000 Bitcoin by the end of 2025. Eric Trump‘s involvement is considered part of the strategy to reach these ambitious targets.

Following the announcement, Metaplanet’s stock surged by 17.8% on the Tokyo Stock Exchange. Eric Trump has also contributed to the Trump family’s crypto platform, World Liberty Financial, which raised $550 million in its second token sale. His personal crypto holdings include Bitcoin, Ether, Solana, and Sui.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Eric Trump Joins Metaplanet’s Strategic Advisory Board! appeared first on Coin Engineer.

Trump Family Holds Talks for Stake in Binance Following Its Guilty Plea

Representatives of President Donald Trump’s family are preparing to take a significant step toward doing business with Binance, which pleaded guilty in 2023 to violating anti-money laundering requirements. According to reports, the Trump family is in talks to acquire a financial stake in Binance’s U.S. arm. This development signals that the Trump family is interested in collaborating with Binance, despite the serious charges it faced and its guilty plea in 2023.

Binance was found guilty by the U.S. government in 2023 for violating anti-money laundering regulations. However, this guilty plea did not halt the company’s commercial operations. On the contrary, Binance continues to be one of the largest crypto exchanges in the world.

The discussions between Trump family representatives and Binance are believed to involve more than just a financial investment. It seems to indicate a deeper relationship with Binance’s U.S. operations.

During this period, Binance’s billionaire founder, Changpeng Zhao (CZ), has made a noteworthy move. Zhao served four months in prison after being found guilty of a related charge, and since then, he has been seeking a pardon.

Zhao has consistently pressured the Trump administration for a pardon, and speculation is growing on how the administration will respond to this request.

Trump Family’s Investment in Binance: Political and Economic Ripples in the Crypto Industry

Changpeng Zhao, as the largest shareholder of Binance, continues to shape the future of the company, but the guilty plea in 2023 has created pressure on Binance’s reputation.

Zhao’s pardon efforts could be part of a larger strategy. The Trump family is attracting attention by planning to acquire a stake in Binance’s U.S. arm. This move could have a significant impact not only economically but also within the crypto industry, potentially sparking new debates regarding regulations in the sector.

The relationship between Binance and the Trump family may have significant consequences for both the crypto world and American politics.

BNB Sees Sharp Surge

Following reports of the Trump family holding talks with Binance, the exchange’s native token, BNB, experienced a substantial rise. BNB surged by 7%, reaching $602 shortly after the news broke.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post It Is Reported That the Trump Family Has Held Talks for Binance Shares appeared first on Coin Engineer.

“Additional information about World Liberty Financial is only intended to be available to persons who have been pre-qualified by completing a KYC process,” the WLF webpage notes. “This material is only meant to be accessible in the US to those who have also been confirmed as accredited investors. This page is not meant to be an offer to sell or a request of an offer to acquire tokens in any country.”

KYC, sometimes known as “Know Your Customer,” is the process of confirming a customer’s identification to stop fraud and money laundering, among other illicit activity. Depending on the jurisdiction, anti-money laundering policies legally mandate that personal identifying documents such as a passport or driver’s license be turned in together with evidence of residency.

World Liberty Financial is not well known. Early August, Eric Trump and Donald Trump Jr. first hinted at the DeFi project in line with their father’s endorsement of cryptocurrencies. Live on X Spaces on Sept. 16, the Republican presidential contender launched off a “launch” event.

It was confirmed during that occasion that World Liberty Financial would sell WLFI, a non-transferable governance token, with limited participation only to authorized investors. Distribution follows this: Sales to the public came at 63%; user rewards came at 17%; team pay came at 20%.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post WLF Opens KYC for Investors: Trump Family Involved appeared first on Coin Engineer.