The president-elect and his family have a direct and potentially lucrative stake in the sale of a cryptocurrency product that surged in value in the hours after going on sale, days before his inauguration.

Trump’s World Liberty Financial platform has bought up millions of dollars in Ether as the token has strengthened against Bitcoin.

Throughout the weekend, the project soared in value as Trump and his aides prepared to reenter the White House. As soon as Monday, Trump is expected to issue new policy directives that could loosen crypto regulation and send the price of bitcoin and other assets skyrocketing.

The cryptocurrency surged in value hours after going on sale, days before his inauguration. Read more at straitstimes.com.

Donald Trump's newly minted cryptocurrency soared on Monday to top $9 billion in market value, drawing in billions in trading volume just hours ahead of the U.S. President-elect's return to the White House.

After years of butting heads with Washington policymakers, executives from crypto companies including Crypto.com, Kraken, and Exodus partied at the first-ever crypto inauguration