Keeping up with Donald Trump’s never-ending crypto interests is a challenge at the best of times — but official figures from his financial disclosure help shed light on how lucrative his foray into digital assets has been.
A vast 200-page filing from the Office of Government Ethics reveals that he personally received an income of $57.4 million from his association with World Liberty Financial, a firm primarily run by his sons.
It’s also interesting to note that the president holds 15.75 billion WLFI, a governance token that’s yet to hit the market. Given this asset has a total supply of 100 billion, this means he has 15.75% control of the entire project.
Less lucrative, over the past 12 months at least, have been the many collections of non-fungible tokens he’s released — depicting Trump as everything from a cowboy to a superhero. That brought in income of a mere $1.16 million, illustrating how interest in digital collectibles has dissipated substantially.
There are important caveats worth bearing in mind here. For one, all of this crypto activity is a drop in the bucket compared with the overall income of over $600 million reported in this financial disclosure. A lot of this is linked to his interests in real estate and golf — as well as his private members’ club in Mar-a-Lago.
And the other one is this: it looks like this filing doesn’t take into account the vast amount of fees generated through the $TRUMP token. His businesses have an 80% stake in this meme coin. There was a trading frenzy when it was unveiled just before his inauguration, and another when he unveiled a dinner for top holders.
As a result, you could argue that this disclosure isn’t an accurate snapshot of the president’s varied crypto interests, which come at a time where he is playing an instrumental role in regulating the space.
What’s more, a lot may change by the time the next filing is published. A recent Forbes report revealed that one of Trump’s entities has been actively reducing its stake in World Liberty Financial — a sign “backroom deals” are being conducted while he’s in office, and money is being taken off the table.
It’s a Family Thing
Concerns about the conflicts of interest posed by Donald Trump’s exposure to the crypto market are well-documented — but it’s also fascinating to examine how members of his immediate family are profiting in the current bull run.
Whereas the 79-year-old once described Bitcoin as a “scam against the dollar,” others saw incredible amounts of opportunity. Chiefly, his youngest son Barron. The president alluded to this during a news conference last year, saying:
“Barron knows so much about this. Barron’s a young guy, but he knows — he talks about his wallet, he’s got four wallets or something, and I’ll say ‘what is a wallet?’ But he knows it inside out.”
Estimates have recently suggested that the 19-year-old could be worth a cool $40 million — that’s $25 million after taxes are taken into account — because of his role in making his father’s crypto businesses a reality. That’s substantially more than his siblings were worth at that age, with Barron described as a “Web3 ambassador” in the “gold paper” published by World Liberty Financial.
A flurry of announcements surrounding the Trump family’s crypto ambitions show they’re determined to milk this bull run for all it’s got. A new stablecoin has been recently launched — USD1 — which will undoubtedly benefit from the GENIUS Act winding its way through Congress. And inspired by Michael Saylor’s Strategy, $2.5 billion is now being raised in order to launch a “Bitcoin treasury.”
The Citizens for Responsibility and Ethics in Washington has described the president’s deep ties to crypto, which involves partnerships with foreign business, as “unprecedented,” adding:
“During Trump’s last term, CREW tracked over 3,700 conflicts of interest between his presidency and businesses. With the expansion of his foreign developments and his foray into cryptocurrency, among other ventures, he seems poised to rack up more conflicts than ever, with even less transparency than last time.”
This vocal criticism — spanning campaign groups and Democratic politicians — seems to be falling on deaf ears. As 2025 progresses, expect the Trump family to play an even bigger role in the crypto space… for better or worse.
The post Revealed: The Trump Family’s Huge Profits from Crypto appeared first on Cryptonews.
