Donald Trump raked in more than $1bn from his crypto businesses last year, a federal filing released Monday shows, giving a substantial boost to his annual income.
In his second term, the president and his family have heavily invested in digital money and various crypto businesses with Trump announcing at the start of 2025 that he wanted the US to be the “crypto capital of the world”. Trump’s crypto earnings are in addition to profit from his legal settlements, real estate and royalty deals.
Many of the president’s crypto ventures were mere startups when he took the oath of office, but now have eclipsed in revenue much of his vast property portfolio that took decades to accumulate. This rise has been fueled by billionaire investors and Trump’s move to quash a federal crackdown on the industry.
Trump got more than $500m from his flagship World Liberty Financial business selling new crypto products, including “governance tokens”, according to the required annual disclosure report with the office of government ethics for 2025. The report also showed another crypto business, CIC Digital LLC, which took in more than $600m from sales of souvenir-type “meme” coins stamped with Trump’s face that launched days before his inauguration.
“Neither the President nor his family has ever engaged – or will ever engage – in conflicts of interest,” said Anna Kelly, a White House spokesperson. “President Trump proudly made the United States the crypto capital of the world through executive actions, supporting legislation like the GENIUS Act, and other commonsense policies to drive innovation and economic opportunity for all Americans.”
Kelly added that “all actions by President Trump and his administration are taken in the best interest of the American people – and any so-called ‘reporters’ pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade”.
Trump’s crypto ventures, including his tokens and coins, have plunged in value since sales began.
Trump also made millions last year from selling Trump-branded Bibles, sneakers and other small items in another unprecedented move for the presidency. In the Trump-branded watches category alone, the president earned $4.7m.
The rise of crypto relative to Trump’s property is especially noteworthy given that Trump racked up tens of millions from fees and licensing deals in a flurry of new hotel, resort and condo deals overseas. Many of those countries were negotiating with the US over tariffs, military aid and other important matters.
A property in the United Arab Emirates took in $10.4m. One in Saudi Arabia being built by a real estate developer close to the ruling family sent the president’s company $9m. And one in Bucharest, Romania, and another in Qatar sent Trump $5m each.
The disclosure report also detailed the president earning more than $86m from five separate legal settlements with media and social media companies, including ABC, CBS, YouTube, Meta and X (formerly Twitter).