Trump enthusiastically embraces cryptocurrencies and the family's digital assets are growing day by day

Zhitong Finance APP noted that U.S. presidential candidate Trump is now advocating for decentralized financial platforms and promising to build the United States into the "crypto capital" of the world, and all eyes are focused on the growing digital asset efforts of the former president's family and colleagues. In recent weeks, Trump and his two sons have been promoting World Liberty Financial, a decentralized (DeFi) project that aims to eliminate intermediaries such as banks through the use of software-powered applications. Trump has just launched his fourth family of NFTs, which represent unique ownership of assets, such as images depicting him riding a motorcycle or a boxer. According to Melania Trump's website, her upcoming memoir can be purchased with a digital collectible. Although Trump said five years ago that he "doesn't like Bitcoin and other cryptocurrencies," his family and colleagues have apparently embraced cryptocurrencies wholeheartedly – and have already made millions of dollars from them. According to information disclosed in 2024, Trump's CIC Digital LLC earned $7.2 million by licensing his image on NFTs, which the company holds at least 100 A crypto wallet for $10,000 Ether. In August, 1000 pairs of Trump-branded "crypto sneakers" were sold for 499 through CIC Ventures LLC Pre-orders are available for pre-orders at the price of US dollars. According to Florida registration documents, CIC Ventures has ties to Trump's lawyer, John Marion IV. According to NPR Marion represents Trump in Florida, and he believes the former president can stay at Mar-a-Lago all the time. Trump is working with Bill Zanker on NFT collectibles. Bill Zanck is a Trump 30 He co-authored a book with Trump called "Think Big and Kick Ass," published in 2007. Zanke had worked through his Leaning Annex The company has an appointment with Trump as a speaker, and about two years ago he suggested to the former president that he should start selling NFTs. Melania Trump has launched several NFT collections and even sold a Mother's Day gold necklace with related NFTs on the Solana blockchain. Eric and Don Jr. with their father, Trump, began promoting the DeFiant Ones Telegram channel for the world's free finance in August. and Steve Bannon, a key figure in Trump's 2016 presidential campaign and a key adviser and chief strategist at the beginning of the Trump administration. A few years ago, Bannon backed the Himalayan coin and an exchange of the same name, whose website was later shut down by the FBI. The three are accused of using false statements and representations to solicit more than 10 $100 million in investment; Bannon is not mentioned in the indictment. Bannon has faced multiple federal charges and was pardoned by Trump in 2021. He is currently serving a prison sentence for contempt of Congress on 2021 counts in connection with the attack on the U.S. Capitol. Cantor Fitzgerald LP CEO Howard Lutnick is the co-chair of Trump's transition team and one of Wall Street's most pro-crypto people. Cantor Fitzgerald manages the reserves of Tether Holdings, which is best known for the $118 billion USDT stablecoin, the most traded digital asset. Vance, the Republican vice presidential candidate, was involved in cryptocurrency investments before joining the campaign. According to documents obtained by CNN, the Ohio senator disclosed that he owned more than 25 of his worth $10,000 in Bitcoin. He has also reportedly become a cryptocurrency advocate on Capitol Hill, drafting a bill to revise the regulation of digital assets.