14 June 2025
0 0
Donald Trump Reports $57.4 Million Income from Cryptocurrency Investments
In 2024, US President Donald Trump reported income of $57.4 million from cryptocurrencies, primarily linked to his involvement with World Liberty Financial (WLFI), a DeFi venture he runs with his sons, Donald Jr. and Eric.
Key Highlights
- Trump filed his 2025 public financial disclosure on June 13, revealing details of his crypto earnings.
- The $57.4 million represents a significant portion of his income for the fiscal year 2023.
- Trump controls approximately 15.75 billion governance tokens in WLFI, granting him voting rights within the ecosystem.
- He earned $1.16 million from Non-fungible Token cards, while Melania Trump gained $216,700 from similar products.
- Forbes estimates Trump's total cryptocurrency holdings at up to $1 billion, including $900 million in liquid assets.
- His revenue from the TRUMP memecoin remains unreported, but initial figures suggested it generated between $86 million and $100 million by late January.
Future Prospects
- On June 3, a Bitcoin ETF proposal associated with Trump's media company was filed with the SEC.
- A new TRUMP Wallet has surfaced online, although Trump's sons denied any involvement.
- Speculation exists regarding potential connections between Trump and the wallet.