American Bitcoin, co-founded by Trump sons, soars in Nasdaq listing: CNBC Crypto World

Market Overview - Bitcoin rose, crossing the $112,000 level, while Ether moved higher to $4,480 [1][2] - Solana token rose to $211, outperforming Bitcoin and ETH due to institutional interest [2] - American Bitcoin stock was up around 30% by noon on its NASDAQ debut [5] Regulatory Landscape - SEC and CFTC released joint guidance clarifying that registered exchanges are not prohibited from facilitating the trading of certain spot crypto commodity products [3] - SEC chair stated the guidance is a significant step forward in bringing innovation in the crypto asset markets back to America [4] - CFTC acting chair indicated the end of mixed signals about crypto regulation [4] American Bitcoin (ABTC) - American Bitcoin, co-founded by Eric Trump and in partnership with Hut 8, listed on the NASDAQ under the ticker ABTC after merging with Griffin Digital Mining [5] - American Bitcoin aims to build America's Bitcoin infrastructure backbone, focusing on Bitcoin mining and strategic Bitcoin reserve development [11] - The company's strategy is to accumulate the most Bitcoin, believing in its long-term appreciation [14][15] - American Bitcoin can mine Bitcoin at almost 50 cents to current market prices [17] World Liberty Token & Trump Family Crypto Ventures - World Liberty token USD1 started trading at one penny and reached approximately 25, representing a 25x increase in a couple of months [20] - President Trump and certain family members own about 38% of the equity interests in World's Liberty and receive up to 75% of the token sale proceeds [31] - Eric Trump stated his father has nothing to do with the business, emphasizing a separation of business and government [33]