Image Credit: Shutterstock
Key Takeaways
- Trump earned over $1 billion in 2025 from crypto, led by $635 million in memecoin royalties and over $500 million tied to World Liberty Financial.
- His holdings span Bitcoin, Ether, USDC, and equity stakes across multiple Trump Organization-affiliated entities.
- The disclosure comes as Senate negotiations over the Digital Asset Market Clarity Act remain stalled, partly over conflict-of-interest provisions.
President Donald Trump earned more than $1 billion from crypto sales and royalties in 2025, according to his annual financial disclosure released Tuesday by the Office of Government Ethics. The earnings came as the broader crypto market entered a downturn, with Bitcoin trading roughly 50% below its all-time high from last fall.
Memecoin and World Liberty Financial Drive Bulk of Earnings
The disclosure shows Trump collected $635 million in royalties from his memecoin business, which began selling his self-named token shortly before his return to the presidency. He also received more than $500 million from token sales tied to World Liberty Financial, the crypto company in which he and his family hold an ownership stake.
World Liberty Financial has drawn conflict-of-interest complaints from critics while seeking U.S. regulatory approvals. Trump also disclosed $65 million in proceeds from a separate sale of equity in the company.
Holdings Span Bitcoin, Ether and Stablecoins Across Multiple Entities
Under DT Marks Defi LLC, a Trump Organization-affiliated entity holding the World Liberty stake, Trump reported up to $250,000 in U.S. dollars and up to $15,000 in USDC. He also reported more than $50 million in Ether, more than $50 million in Bitcoin, and roughly $6 million across other cryptocurrencies.
Through CIC Digital LLC, another Trump Organization-affiliated entity and one of two main owners of the memecoin business, Trump disclosed more than $50 million in Bitcoin, $25 million in Ether and $25 million in USDC. That entity also holds an equity stake in Coreweave, a Bitcoin miner that has shifted toward AI infrastructure.
A separate holding under DT Marks SC LLC includes a stake in a stablecoin holding company tied to an investment from Abu Dhabi’s Sheikh Tahnoon bin Zayed Al Nahyan. The entity generated more than $196 million in revenue last year, according to the disclosure. Trump additionally reported $6 million in NFT licensing income.
The disclosure also listed multiple purchases and sales of Coinbase’s Class A stock through investment accounts controlled by the president. Because the filing reports values in ranges rather than exact figures, the precise scale of his Coinbase holdings could not be determined.
The disclosure showed more purchases than sales over the year, with some individual purchases in the tens of thousands of dollars. Trump also disclosed stakes in CME Group, Block Inc. and Intercontinental Exchange, the parent company of the New York Stock Exchange. The White House did not immediately respond to a request for comment on the disclosures.
Disclosure Lands Amid Stalled Senate Negotiations Over Market Structure Bill
Trump’s crypto ties have drawn scrutiny throughout his time in office, particularly during negotiations over the Digital Asset Market Clarity Act, the industry’s central market structure legislation.
Democrats have pushed for provisions barring senior government officials from holding personal crypto business interests, a measure that remains unresolved in the ongoing Senate negotiations.
Vice President JD Vance’s own disclosure showed holdings of between $100,000 and $500,000 in Bitcoin through a Coinbase account. Only a few weeks of Senate floor time remain to schedule a vote if a compromise is reached.
