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Fortune

Ben Weiss

Eric Trump shares details of new Bitcoin mining venture, including planned Nasdaq ticker

Eric Trump Donald Trump Bitcoin Crypto Mining World Liberty Financial

(Credit: Bryan Steffy—Getty Images)

Eric Trump, President Donald Trump’s son, dove further into crypto Monday when he Bitcoin mining firm that wants to “become a publicly listed company,” according to a TRUMP, and World Liberty Financial announced plans to release its own stablecoin, or cryptocurrency pegged to fiat currencies like the U.S. dollar.

Meanwhile, the White House, under Trump, has signaled a friendlier approach to the crypto industry compared to his predecessor, Joe Biden. He’s appointed an AI and crypto czar, pardoned crypto criminals, and authorized the creation of a strategic Bitcoin and digital assets reserve.

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