He and his sons are also backers of World Liberty Financial, a crypto project they have been promoting on social media.
In exchange for that promotion, a Trump family-owned limited liability corporation receives 22.5% of the project’s crypto token (WLFI-USD) along with 75% of any net revenues after World Liberty earns $30 million.
The president and the vice president won’t be required under law to divest any of their holdings once in office, even if any potential conflicts of interest surface, although a law passed in 1977 does require them to file an annual disclosure listing their income, assets, and debt.
in August, Vance disclosed owning $250,000 to $500,000 worth of bitcoin (BTC-USD); it’s not known if he still has those holdings.