The Trump family increased their collective wealth by $1.3 billion this week due to the trading debut of the American Bitcoin (ABTC) mining company and gains from World Liberty Financial (WLFI), a decentralized finance protocol associated with the family. WLFI contributed $670 million to the family’s net worth, while Eric Trump’s stake in ABTC was valued at over $500 million at the time of the ABTC's debut. However, the value of ABTC shares subsequently dropped by over 50%. The report indicates the family’s current net worth exceeds $7.7 billion, notwithstanding a significant amount in WLFI tokens that are locked up. The Trump family’s engagement in cryptocurrency has stirred discussions about potential conflicts of interest, especially against a backdrop of historical anti-crypto policies. The trading debut of these entities was marked by intense volatility, with ABTC shares experiencing significant price fluctuations, including periodical halts in trading due to volatility.

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