Crypto ventures linked to U.S. President Donald Trump’s family have minted over $2 billion in profits since he returned to the White House in January 2025. What turned into staggering gains for the billionaire’s family, left the investors in their crypto businesses ridden in losses, an investigation in Reuters said on Tuesday.
This startling revelation has come in an investigative report published by Reuters, which said it examined four major Trump-affiliated cryptocurrency projects – the $TRUMP meme coin, World Liberty Financial, American Bitcoin, and AI Financial Corp. It tracked how much of their own cash the family staked on those projects and what degree of contributions did the investors bring to these businesses.
What did Reuters investigation reveal about Trump’s crypto holdings?
World Liberty Financial (WLF): The project was launched in September 2024 as a DeFi protocol and a peer-to-peer lending platform. The native WLFI token was launched in September 2025 which, at the time of writing, was trading at $0.99 at the time of writing.
The project managed to generate over $1.4 billion for the Trump family, mainly driven by the sales of “governance tokens” — which gave the investors voting privileges instead of actual profit shares. Controversially enough, WLF investors have been ocked into their positions by 2030 — unable to fully diliute their holdings.
The Trump memecoin: Just three days ahead of President Trump’s return to the White House, the $TRUMP token was launched on January 17, 2025. While the project has not disclosed its revenue, Reuters estimated that the token raised over $880 million and rose to $1.2 billion in revenue via sales through other channels. The Trump family is projected to have roped-in half of the profits at around $616 million.
The token, however, nosedived by over 84 percent in the last one year, soon after its promotional period ended. The token is currently trading at $1.64 as per CoinMarketCap.
Source: CoinMarketCap
American Bitcoin: Launched in March 2025 as an industrial-scale cryptocurrency mining and strategic reserve spearheaded by Erik Trump. The Reuters report said that the Trump family used its political influence to push the venture to a Nasdaq listing via a reverse merger.
Soon after, the ABTC stock witnessed a sharp near-40 percent single-day plunge once early share lock-up periods expired and triggered mass selling. At the time of writing, the ABTC stock was trading at $0.86 with a drop of 4.16 percent. Meanwhile, as of April, Erik Trump’s stake in the company was worth $70 million as of April end.
Source: Yahoo Finance
AI Financial Corp. (formerly Alt5 Sigma): The Nasdaq-listed blockchain infra venture had joined forces with World Liberty Financial to buy $717 million worth of WLFI tokens — that wired over $500 million to the Trump family in accordance with Trumps’ arrangement with the DeFi platform.
Because AI Financial Corp.’s corporate balance sheet and identity developed such close links with Trump-backed other assets, its public stock market investors saw the value of their shares tumble as those crypto projects struggled. The stock is presently trading at $0.68.
Source: Nasdaq
As per Reuters’ analysis, investors in Trump’s crypto businesses have ended up losing $2.3 billion, including paper losses, as of April end.
The response to the reported findings remain awaited for now.
Interestingly, this report by Reuters comes as the U.S. crypto market structure bill, also called the CLARITY Act, inches closer to being reviewed and voted on the full Senate floor in the coming days.
To prevent politically influencial individuals from launching their own tokens and manipulating the market for their own profits, the emocrats are lobbying for the addition of an ethics provision to the CLARITY Act. This topic could become a bone of contention in the Senate, the market expects.
