{"id":877,"date":"2026-06-30T23:12:57","date_gmt":"2026-06-30T23:12:57","guid":{"rendered":"https:\/\/professionalmoversusa.com\/?p=877"},"modified":"2026-06-30T23:12:57","modified_gmt":"2026-06-30T23:12:57","slug":"trump-made-over-1-billion-on-crypto-ventures-last-year-financial-disclosure-shows","status":"publish","type":"post","link":"https:\/\/professionalmoversusa.com\/?p=877","title":{"rendered":"Trump made over $1 billion on crypto ventures last year, financial disclosure shows"},"content":{"rendered":"
\n

President Trump earned more than a billion dollars from crypto-related ventures alone last year, according to a financial disclosure released Tuesday, including from his meme coin business and his family’s cryptocurrency exchange.<\/p>\n

Read more Trump announces first-ever Republican midterm convention in Dallas ahead of 2026 elections<\/a><\/p>\n

Mr. Trump reported $635 million in royalties from a company that issues $TRUMP, a crypto token that he launched<\/span> three days before taking office for his second term.<\/p>\n

The “meme coin” \u2014 a type of crypto asset typically used for commemorative purposes or comedic value, not as a currency \u2014 reached its peak value of $74.24 within a day of launching. On Tuesday evening, its price was $1.67, according to Coinbase.<\/p>\n

The president also reported more than $500 million in income from token sales by World Liberty Financial, a cryptocurrency company backed by the president and his family, and around $65 million from equity sales in the firm that controls World Liberty Financial. Some $196 million in equity sales of Stablecoin Holdco LLC are also listed.<\/p>\n

A crypto exchange and issuer of tokens, World Liberty Financial was launched<\/span> during the 2024 presidential campaign. It was co-founded by the president, his sons Eric and Donald Jr. and Zack and Alex Witkoff, the sons of U.S. special envoy and longtime Trump friend Steve Witkoff.<\/p>\n

Read more Justice Department investigating Sen. Ruben Gallego\u2019s use of campaign funds, sources say<\/a><\/p>\n

World Liberty Financial’s ventures include USD1, a “stablecoin” pegged at $1 per coin that’s designed to serve as a store of value. It also sells another crypto product, $WLF tokens, and takes 75% in net revenue from those token sales, according to the company’s public reports<\/span>.<\/p>\n

The company drew scrutiny last year<\/span>, after an Abu Dhabi government-owned wealth fund used the USD1 stablecoin<\/span> to facilitate a multibillion-dollar investment in the massive crypto exchange Binance. The co-founder of Binance, Changpeng Zhao, received a pardon<\/span> from Mr. Trump for financial crimes. Mr. Trump has denied any connection between the pardon and the World Liberty Financial transaction, telling CBS News last year<\/span>: “I don’t know who he is.”<\/p>\n

In response to questions about the financial disclosure, White House spokesperson Anna Kelly told CBS News “there are no conflicts of interest.”<\/p>\n

“This is the same, tired narrative that Democrats have pushed against President Trump, his family, and his administration for a decade,” Kelly said. “President Trump only acts in the best interests of the American public \u2013 which is why they overwhelmingly re-elected him to this office, despite years of lies and false accusations against him and his businesses from the fake news media.”<\/p>\n

Read more House GOP agenda stalls over holdouts\u2019 insistence on SAVE America Act<\/a><\/p>\n


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President Trump earned more than a billion dollars from crypto-related ventures alone last year, according to a financial disclosure, including from his meme coin business and his family’s cryptocurrency exchange.<\/p>\n","protected":false},"author":1,"featured_media":876,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nTrump made over $1 billion on crypto ventures last year, financial disclosure shows - Professional Movers USA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/professionalmoversusa.com\/?p=877\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump made over $1 billion on crypto ventures last year, financial disclosure shows - 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