Trump sons capitalize on crypto ventures amidst their father's resurgence

In the United States, Eric Trump and Donald Trump Jr. have sought to leverage their father's political resurgence to expand their business endeavors, particularly in the rapidly evolving cryptocurrency market. During their father's first term, they faced limitations due to ethical considerations related to his presidency; however, following his return to prominence, they have identified lucrative opportunities in various sectors including hospitality, firearms, and retail, with a marked focus on cryptocurrency. The Trump siblings reported a collective wealth of approximately $50 million each prior to their father's renewed political engagement, which they have sought to increase through various ventures. Notably, the brothers have been involved with World Liberty Financial, a crypto company launched shortly before the 2020 election, where they hold titles as 'Web3 Ambassadors.' They are expected to profit significantly from this venture, with a gold paper suggesting the family could receive 75% of proceeds after the first $30 million, although exact breakdowns among family members are unclear. Despite the ambiguity, this potential profit stream underscores the financial windfall they anticipate from the crypto boom, aligning with Eric Trump's personal interests in Bitcoin. In addition to their crypto endeavors, the brothers have expanded into industries like technology and retail. In late 2020 and early 2021, Don Jr. became an advisor at Unusual Machines, a drone technology firm, receiving shares in the company. His interest aligns with current technological trends, though market fluctuations have impacted the value of his holdings. Simultaneously, he took a position on the board of PublicSquare, a company presenting itself as a competitor to more established e-commerce platforms. Moreover, the Trump siblings joined the advisory board of Dominari Holdings, which centers on artificial intelligence and data centers as part of a broader industry trend receiving substantial government investment. The brothers were granted millions of shares as part of their advisory roles, adding to their financial portfolio as they navigate new business ventures. Their growing influence in various industries reflects a strategic pivot towards sectors with rapid growth potential, showcasing their commitment to carving out a significant business footprint during their father's comeback in politics.