"There's an ethical concern that in effect he has the power to regulate his own business," said Richard Briffault, a law professor at Columbia University.
Reuters was unable to determine how much of Trump's own wealth comes from this newest crypto business because precise details of his ownership are not public. Trump's other crypto investments include two decentralized finance (DeFi) projects – a type of platform that connects buyers and sellers without the need for traditional intermediaries like banks – and a series of non-fungible tokens, a type of digital asset.