Trump’s Crypto Business Tops $1B in Office

President Donald Trump earned more than $1 billion from cryptocurrency-related business dealings in 2025, according to a mandatory 927-page financial disclosure report. 

The filing, submitted to the US Office of Government Ethics, covers Trump's first year back in office. The scale of the earnings highlights how central digital assets have become to his personal wealth. 

According to the financial disclosure, Trump reported $635 million in royalties from a TRUMP meme coin and NFT, even as the token’s value has dropped sharply since its launch shortly before his inauguration.

He also disclosed more than $500 million in income from World Liberty Financial, a cryptocurrency venture co-founded by his sons and the children of special envoy Steve Witkoff. Additional earnings came from real estate and Trump-branded merchandise.

Both the Trump meme coin and World Liberty Financial tokens have lost substantial value from their post-launch highs.

The latest disclosure shows a substantial year-over-year increase in total earnings, with crypto assets representing a growing share of overall income. 

In 2024, Trump’s reported earnings stood at just over $600 million across all business activities, significantly lower than the 2025 crypto-heavy results.

The White House has denied that Trump is profiting from the presidency or that any conflicts of interest exist. 

Deputy press secretary Anna Kelly said to the BBC that the president's business ventures have been placed into a trust managed by his sons, adding that Trump has made the US "the crypto capital of the world."

Unlike a blind trust, the arrangement disclosed in the filing allows Trump to remain aware of his financial holdings, a departure from precedents set by prior US presidents who divested assets or used blind trusts while in office.

The disclosure represents one of the largest reported crypto-related incomes for a sitting US president, raising fresh questions about the intersection of presidential power and personal financial gain. It also underscores how deeply crypto markets are now tied to political figures and policy decisions.

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