Trump reports $57m earnings from family crypto firm
US President Donald Trump has reported over $57m in income from a family-linked crypto firm – making it one of his largest single earnings.
US President Donald Trump has reported over $57m in income from a family-linked crypto firm – making it one of his largest single earnings.
According to the financial disclosure report released by the Office of Government Ethics, Trump earned more than $57 million in 2024 from his stakes in World Liberty Financial, a decentralized finance protocol and cryptocurrency company.
The firm was founded in the same year, and a Trump business entity owns 60% of World Liberty, netting 75% of revenues from its WLFI governance token sales. Trump’s three sons, Donald Jr., Eric, and Barron, are also actively involved in the venture.
“Crypto is one of those things we have to do,” Trump said on X when championing his crypto venture. “Whether we like it or not, I have to do it.”
World Liberty Financial allows users to invest in cryptocurrency and then use these assets for borrowing and lending. The project is positioned as a move toward financial innovation and a shift away from traditional banking.
Conflict of interest
The firm has continuously drawn scrutiny from regulators about the potential risks and regulatory concerns. As such, in June, Senate Democrats demanded more details about a multi-billion-dollar transaction between World Liberty Financial and a pool of investors that includes foreign nationals.
The disclosure might now bring even more scrutiny over Trump’s increased investment in cryptocurrencies and whether he might be using his influence for personal gain.
In 2025, World Liberty Financial announced it would launch a dollar-pegged stablecoin, USD1, backed by US currency, which sparked a temporary setback.
"The launch of a stablecoin directly tied to a sitting President who stands to benefit financially from the stablecoin's success is an unprecedented conflict of interest presenting significant threats to both our financial system and our democracy," Senators Elizabeth Warren of Massachusetts and Jeff Merkley of Oregon said in the June 10 letter.
Trump, however, has continuously denied accusations of conflict of interest, arguing that his involvement is related to the aim to promote technological innovation in the US.
Trump’s other earnings tied to digital assets include more than $1 million in revenue from his NFT cards.
Overall, Trump has reported over $600 million in income from crypto, golf clubs, licensing, and other ventures. For instance, his three golf-focused resorts in Jupiter, Doral, and West Palm Beach, as well as his private members' club at Mar-A-Lago, generated at least $217.7 million in income.
The report also lists several royalty payments for items like the “Save America” coffee table book (which generated $3 million), Trump-branded watches ($2.8 million), and “The Greenwood Bible” ($1.3 million).