A new cryptocurrency issued by the Trump family's World Liberty Financial and that started trading this week has boosted the family's wealth on paper by roughly $5 billion despite the digital token sinking in its first two days of being listed on the exchange.

The crypto, called WLFI, reached a high of about 40 cents after launching on Monday, according to data from CoinMarketCap. By Tuesday morning, the value of the token had fallen to as low as about 21 cents, down 48% from its peak, before recovering to about 23 cents in the afternoon.

Even with the decline, the Trump family's stake in WLFI is worth about $5 billion based on its holdings of 22.5 billion WLFI tokens. Mr. Trump and his family aren't yet able to sell their holdings as its founders' tokens remained locked, accordin

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