Details
- Trump’s mandatory 2025 financial disclosure showed more than $1bn in cryptocurrency-related income.
- The filing listed $635m in royalties from a Trump-themed meme coin launched shortly before he returned to office.
- Trump also reported more than $500m from World Liberty Financial, a crypto company linked to his sons and the sons of US envoy Steve Witkoff.
- The crypto income marked a sharp increase from Trump’s previous disclosure, when he reported more than $600m in total income.
- His digital-asset earnings surpassed revenue from many of his traditional real estate businesses, including Mar-a-Lago and several golf resorts.
- Trump also reported income from branded products, including watches, Bibles, sneakers, fragrances and guitars.
- The filing listed about $86.5m from legal settlements involving media and technology companies, though the White House said most of the money would support Trump’s future presidential library or a nonprofit.
- The White House said Trump’s businesses are held in a trust managed by his sons and denied that his financial interests influence government policy.
- Trump’s administration has taken a friendlier approach to crypto regulation, including signing the GENIUS Act and shifting the SEC away from stricter enforcement.
What Else
Trump has moved from criticising cryptocurrency to making digital assets one of the largest sources of his reported income. The disclosure is likely to intensify scrutiny over the intersection of presidential business interests and federal crypto policy, even as the White House denies any conflict.
