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"Is the Trump Family Entering the DeFi Business?…Purchases Ethereum Worth 362.3 Billion KRW"

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Minseung Kang
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  • The Trump family is reportedly exploring entry into the DeFi business by purchasing a large amount of Ethereum.
  • According to Joseph Lubin, the Trump family's project aims to establish a DeFi business.
  • The Trump family is planning a large-scale project based on Ethereum.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

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The Trump family is reportedly purchasing a large amount of Ethereum (ETH) to establish a DeFi (Decentralized Finance) business.

On the 31st, Joseph Lubin, co-founder of Ethereum and founder of Consensys, stated on X (formerly Twitter), "As far as I know, the Trump family's project seems to have recently purchased more than $250 million (approximately 362.3 billion KRW) worth of Ethereum to establish a DeFi business."

Previously, on the 21st, he mentioned that the Trump family is planning one or more large-scale projects based on Ethereum.

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minriver@bloomingbit.ioBloomingbit reporter