US President Donald Trump recorded about $1.2 billion in income from cryptocurrency-related activities during his first year back in office, according to financial disclosures released on Tuesday.
The 927-page filing, published by the US Office of Government Ethics, shows that Trump earned nearly $550 million from his links to World Liberty Financial in 2025.
World Liberty Financial (WLF) was co-founded in September 2024 by Trump’s sons and the son of his Middle East special envoy, Steve Witkoff.
The documents also detail $635 million in royalties tied to a licensing agreement involving the $TRUMP cryptocurrency, which was launched hours before the president’s inauguration in January 2025.
The figures underscore the growing role of crypto ventures in Trump’s finances, which have reportedly helped nearly triple his estimated net worth — from $2.3 billion in 2024 to $6.5 billion in 2026, according to Forbes.
Trump has faced repeated criticism over potential conflicts of interest, particularly over his administration’s pro-crypto stance and regulatory rollbacks that have coincided with a surge in digital asset valuations.
The White House rejected any ethical concerns.
“Neither the President nor his family has ever engaged — or will ever engage — in conflicts of interest,” Principal Deputy Press Secretary Anna Kelly said in a statement to AFP.
She added that Trump had “proudly made the United States the crypto capital of the world.”
“All actions by President Trump and his administration are taken in the best interest of the American people,” she said, dismissing critical coverage as “a tired, false narrative.”
Crypto holdings and disclosures
US law requires the president and vice president to disclose income and assets under a 1978 ethics statute.
First Lady Melania Trump’s earnings were also included in the filing, including more than $10 million for an Amazon documentary and over $500,000 from her memoir Melania.
The disclosure highlights the scale of World Liberty Financial’s crypto operations, including its token WLFI, which raised $550 million in its initial sale.
However, the token’s market value has fallen sharply since it became tradable in September 2025, dropping from 46 cents to around 6 cents.
Trump and his sons also hold, through an intermediary firm DT Marks DeFi, about 22.5 billion WLFI tokens, valued at roughly $1.3 billion.
In April 2025, WLF also launched a dollar-pegged stablecoin as part of its expanding crypto portfolio.
Beyond crypto, Trump’s disclosures show additional income from stakes in publicly listed digital asset firms such as Coinbase, as well as from branded merchandise including clothing and bumper stickers.
He also earned more than $208,000 from Bible sales produced in partnership with country singer Lee Greenwood.
Trump’s assets are held in a trust managed by his son, Donald Trump Jr., although its structure reportedly allows for potential future reassumption of control after his term ends in 2029.
Vice President JD Vance also reported significant earnings, including between $1 million and $5 million in royalties from his 2016 memoir Hillbilly Elegy.
AFP
