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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsEric Trump's Crypto Wealth Has Soared with his Father's Return to Power
Two Trump-linked cryptocurrency ventures expanded in 2025 as the administration advanced national policy aimed at increasing U.S. leadership in digital assets, including cryptocurrencies and stablecoins, according to reporting by Reuters, the Financial Times, and Forbes.
The overlap is of national significance because the presidents family has large financial stakes in industries shaped by federal action. Executive Order 14178 created a Presidents Working Group on Digital Asset Markets and directed it to propose a federal framework for digital assets while promoting lawful dollar-backed stablecoins and barring agencies from pursuing a central-bank digital currency, a government-issued digital dollar, according to the Federal Register. The GENIUS Act sets national reserve and licensing rules for payment stablecoins, according to the Congressional Research Service.
Forbes has estimated that Eric Trumps net worth rose to about $400 million, roughly ten times higher than before the 2024 election, and that the gain is primarily tied to crypto holdings and related cashflows. Eric Trump has disputed parts of Forbes valuation without providing alternative figures.
One venture, American Bitcoin, is a U.S. bitcoin-mining and treasury company co-founded by Eric Trump with Donald Trump Jr. as a shareholder, Reuters reported. The firm mines bitcoin and holds it on its balance sheet, and it reached public markets on Sept. 3, 2025 through a reverse merger, a common route to go public without a traditional IPO, with Gryphon Digital Mining. It now trades on Nasdaq under the ticker ABTC, its stock symbol.
https://www.lincolnsquare.media/p/eric-trumps-crypto-wealth-has-soared
The newest way to pay Trump bribes.
kimbutgar
(26,743 posts)Orange piggys childrens grifts between Jr, Eric and Ivankas husband should be a violation of the emoluments clause.
Cause you know orange piggy daddy is getting a cut!
rampartd
(3,687 posts)demonetize it. criminalize its use if necessary and its creation as an act of fraud or counterfeiting or environmental destruction.
canetoad
(20,137 posts)The trump cabal had four years to whinge about how cheated they were and how they will properly clean out the US when they get in again.
The second run probably wasn't ALL about keeping tsf out of jail.