Donald Trump and his family's layout in the cryptocurrency industry has evolved from the early release of NFTs to the current World Liberty Financial (WLFI) project, which focuses on the decentralized finance (DeFi) platform, providing innovative financial solutions. The WLFI project not only reflects its layout of cryptocurrency assets in the purchase of tokens such as ETH, AAVE, and LINK, but also represents Trump's core direction in promoting the development of cryptocurrency. To some extent, its project can lead to new ideas for the U.S. government's regulation of cryptocurrency, especially with the passage of the '21st Century Financial Innovation and Technology Act,' which can provide legitimacy and transparency for decentralized and functional tokens in the cryptocurrency industry.
Several cabinet members nominated by Trump, including David Sacks and Robert F. Kennedy Jr., are staunch supporters of cryptocurrency. In particular, David Sacks not only holds a large amount of Bitcoin and Solana but has also invested in several cryptocurrency projects through the venture capital firm he founded. Robert F. Kennedy Jr. also purchased Bitcoin during his campaign, clearly expressing support for cryptocurrency and even proposing a policy to back the dollar with hard assets like Bitcoin.
The inclusion of these cryptocurrency-friendly figures can not only promote the implementation of U.S. government policies on cryptocurrency but also further accelerate the rapid development of the cryptocurrency industry.