Coins, watches and more: A look at Trump’s crypto-related ventures, by the numbers
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1 month ago

Coins, watches and more: A look at Trump’s crypto-related ventures, by the numbers

Associated Press  

Donald Trump has leaned into his unofficial role as the “ crypto president ” in ways that can both help the crypto industry and enrich himself and his family. The cryptocurrency industry, which spent heavily to help Trump win last year’s election, has expressed mixed feelings about some of his crypto ventures. Here’s a by-the-numbers look at Trump’s crypto ties: $100,000 That’s how much a watch company is charging for a new “Crypto President Tourbillon” watch from the Trump-themed online watch store, which pays a licensing fee for using the Trump name. $75 million That’s how much Chinese crypto mogul Justin Sun has said his company has invested in World Liberty Financial, a decentralized finance cryptocurrency platform that Trump and his sons helped launch last year. $250 million That’s how much the parent company of Trump’s Truth Social has said it will spend on new investment products and decentralized finance services that could include buying bitcoin and other cryptocurrencies.

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