Eric Trump expands family crypto empire with meme coin, stablecoin and Nasdaq‑listed mining firm

Eric Trump says the Trump family’s “debanking” by major U.S. banks prompted a permanent shift into cryptocurrency. The family now runs three distinct ventures:

• The TRUMP meme coin, a high‑profile token that surged at launch and then settled below its peak. • World Liberty Financial, which issues the USD1 stablecoin and the WLFI governance token; the venture has generated roughly $550 million in revenue, including a $500 million token deal. • American Bitcoin, a Bitcoin‑mining operation listed on the Nasdaq under the ticker ABTC. The company operates about 89,000 miners, holds more than 7,000 BTC and reported a loss for 2025 while claiming about $1 billion in pre‑tax profit for the family’s crypto activities.

A Reuters investigation estimates the family’s total earnings from crypto projects at about $2.3 billion. Lawmakers and ethicists have raised conflict‑of‑interest concerns as the Trump administration shapes crypto policy, which the family disputes.