American Bitcoin, a cryptocurrency company, co-founded by Eric Trump, announced The public would be traded on Monday, the latest expansion of the investments of the Trump family in the crypto industry.
The company, which focuses on Bitcoin -Mining, has been set up to merge with GryPhon Digital Mining Inc., a company that has already been traded on the Nasdaq. Mr. Trump, the middle son of the president, is mentioned as one of the founders and member of the company’s management team.
American Bitcoin was Started at the end of MarchWhen Mr. Trump and his older brother, Donald Trump Jr., announced that they bundled the forces with a Bitcoin-Mybureau called Hut 8. Bitcoin-Mijnbouw is an essential branch of the crypto industry, in which large companies, many of Hen Levensotred, Runnen-Gerken-Kunnen-Kunn-transes.
The step to take the American Bitcoin audience could pave the way for traders -including those who seek favor from President Trump -to invest in a Trump family -although in his announcement the company said that existing shareholders were expected to have an overwhelming majority of the company.
The company is a facet of an ever -wide range of Trump family Crypto companies that have alerted government ethical experts. President Trump and his sons started with a crypto company called World Liberty Financial That offers its own digital currency. And working with a separate series of business partners, the Trump family has marketed the digital currency $ Trump – called a kind of crypto a memecoin That is usually treated more than a new investment than as an actual currency.
At the same time, President Trump has taken steps to promote the interests of the crypto world in Washington, so that a BIDen era against crypto companies is terminated and legislation is supported by industry.
In one Investor presentation posted on its websiteAmerican Bitcoin promoted his connection aggressive with the Trump family, with a large photo of Eric Trump near the beginning. A message next to the photo describes the ambitions of the company and links the company to the domestic crypto industry in a way that reflects the messages from the president.
“Crypto is the future,” is the message. “America has to lead the way. American Bitcoin will determine the standard.”
Under a list of key figures in the company, the presentation describes Eric Trump as a “strategic amplifier” that stimulates “brand value and institutional visibility through an unparalleled network range.”
- Advertisement -
