Trump Family’s Meme Coins And New Crypto Ventures Transform Digital Assets Into A Political Tool Of Resistance

Benzinga

Eric Trump is the co-founder of the new crypto ventures World Liberty Financial and American Bitcoin, according to CNBC. He said his family’s cancellation after Jan. 6 led them into digital assets, and he now sees crypto as a tool for resistance. They recently announced plans to launch a U.S. dollar-backed stablecoin through World Liberty Financial and a bitcoin mining company, American Bitcoin, co-founded with Hut 8 CEO Asher Genoot. President Trump and First Lady Melania Trump launched meme coins before the new term, increasing the family’s net worth by billions of dollars in paper wealth.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Eric Trump is the co-founder of the new crypto ventures World Liberty Financial

00:06and the American Bitcoin, according to CNBC.

00:09He said his family's cancellation after January 6 led them into digital assets

00:13and now sees crypto as a tool for resistance.

00:15They recently announced plans to launch a U.S. dollar-backed stablecoin through

00:19World Liberty Financial and Bitcoin Mining Company,

00:22American Bitcoin co-founded with Hut8 CEO Asher Gnut.

00:26President Trump and first lady Melania launched meme coins before the term,

00:29increasing the family's net worth by billions of dollars in paper wealth.

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