The Trump household enterprise World Liberty Monetary is planning to announce a crypto treasury firm, say three buyers who’ve seen components of the deal. The plan, in keeping with particulars shopped round to buyers and seen by Fortune, revolves round a publicly traded firm that may maintain a mix of World Liberty’s proprietary token WLFI and money.
The proposal additionally requires Eric Trump and Donald Trump Jr. to serve on the board, and hopes to lift $1.5 billion to fund the brand new firm.
If the plan goes ahead, it will be the newest addition to the Trump household’s fast-growing crypto empire. The Trump household first introduced the World Liberty crypto undertaking final fall, launching a sequence of merchandise together with the WLFI token, which has netted $550 million in gross sales, in addition to its personal stablecoin, USD1.
A spokesperson for World Liberty declined to remark. Spokespeople for Eric Trump and Donald Trump Jr. didn’t reply to requests for remark.
The deliberate treasury firm comes amid a growth in so-called “digital asset treasury firms,” or publicly traded companies that maintain giant stashes of cryptocurrency on their steadiness sheets. Based on particulars shared with buyers, the deliberate treasury firm for World Liberty’s token is a shell agency that’s already listed on the NASDAQ, and that it has already acquired.
The idea of crypto treasury firms was pioneered by billionaire Michael Saylor, who remade his software program firm MicroStrategy right into a car to amass Bitcoin in 2020 then renamed it Technique in 2025. Merchants quickly noticed the corporate’s inventory as a proxy for the world’s largest cryptocurrency, and purchased up its shares as Bitcoin’s worth elevated.
For Technique, the tactic proved so profitable that it went on to build up greater than $72 billion value of the cryptocurrency and reached a market capitalization of virtually $113 billion, regardless of reporting solely $115 million in income within the second quarter of 2025.
Crypto buyers noticed the growth in Technique’s valuation and adopted swimsuit. Early copycats included a funds resort firm in Japan, which started including Bitcoin in 2024, in addition to a handful of different firms that joined the development later that yr.
However this yr, the follow has accelerated. There are actually treasury firms for Ethereum, the world’s second-largest cryptocurrency. There are additionally others for a rising variety of cryptocurrencies, together with Litecoin, Sui, and Ethena. In the meantime, one other Trump household enterprise, Trump Media, purchased $2 billion of Bitcoin earlier this summer time for its personal treasury.
Advocates say the treasury firms let conventional buyers, who could also be constrained by what they will commerce by means of brokerages like Vanguard, commerce cryptocurrencies and achieve publicity to the digital belongings market.
However an rising variety of buyers have warned that the development is a fad and say many of those firms could also be liable to collapse as the present crypto growth subsides.
Other than World Liberty Monetary, which guarantees to launch completely different decentralized monetary functions constructed round its token and stablecoin, President Donald Trump and First Woman Melania Trump have each launched their very own memecoins. Eric and Donald Jr. are additionally deeply concerned within the blockchain trade, together with their backing of a Bitcoin mining firm.