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US President Donald Trump has reportedly pocketed more than $57 million from the sale of cryptocurrency tokens linked to a venture he and his sons launched last year, according to federal financial disclosures released Friday by the White House’s Office of Government Ethics.
The extensive document, exceeding 230 pages, details Trump’s financial holdings, including stocks, real estate, dividends, and various investments. It highlights that Trump earned $57.4 million from selling tokens issued by World Liberty Financial, a crypto investment and lending platform associated with the Trump family.
Trump and his sons helped launch the World Liberty Financial venture ahead of last year’s election, stirring conflict of interest concerns after he secured a return to the White House. The platform introduced a “Trump” memecoin in January, shortly before his inauguration, issuing 100 billion tokens, with about 22.5 billion allocated to the Trump-affiliated company DT Marks Defi.
Once a critic of cryptocurrencies, Trump has shifted gears and embraced the sector since regaining office. His administration has taken steps to ease regulatory barriers, appointing crypto supporter Paul Atkins to lead the Securities and Exchange Commission (SEC) and creating a federal “Strategic Bitcoin Reserve” to audit government-held bitcoins, mainly seized by law enforcement.
Vice President JD Vance recently praised the administration’s pro-crypto stance, calling cryptocurrencies “a champion and an ally” in the White House.
The disclosure also covers Trump’s earnings from licensed products and businesses worldwide. For example, royalties from watches netted him $2.8 million, while perfumes and sneakers brought in $2.5 million. Trump’s Florida-based Mar-a-Lago club generated more than $50 million in income, and his golf courses contributed significantly, with $29.1 million earned from West Palm Beach and $110.4 million from the Miami location.
Additionally, Trump receives a monthly retirement payment of $6,484 from the Screen Actors Guild.
