- Trump’s 2025 financial filing shows a $57.4 million gain via governance token sales from World Liberty Financial, hinting at monetisation of his 15.75 billion token holding.
- World Liberty Financial has raised over $550 million since launching in September 2024 and is backed by high-profile investors including Justin Sun and Abu Dhabi’s MGX Fund.
What happened: Trump discloses $57M crypto earnings
Trump’s public financial disclosure, filed on 13 June 2025 with the Office of Government Ethics, lists a $57,437,927 income attributed to his involvement with World Liberty Financial — a decentralized finance (DeFi) project in which he, alongside sons Donald Jr and Eric, holds significant sway. The filing indicates he owns 15.75 billion governance tokens, which carry voting power. Although the structure and valuation method remain opaque, the sum implies either sizeable sales or internal book valuation.
Launched in September 2024, World Liberty Financial has raised about $550 million through two token sale rounds: $200 million initially, followed by $250 million. Its aim is to challenge legacy finance with DeFi services and a dollar-pegged stablecoin. Notable backers include Tron founder Justin Sun, who invested $30 million in late 2024, Web3Port’s $10 million in January 2025, and strategic fund Oddiyana Ventures.
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Why it’s important
This disclosure highlights the growing financial footprint of Trump in the crypto world, reinforcing ethics concerns about the blend of personal crypto interests and policy influence. World Liberty Financial, largely owned by Trump-family entities, launched a USDpegged stablecoin (USD1) and attracted a $2 billion investment from Abu Dhabi’s MGX — moves flagged for potential conflicts of interest .
Meanwhile, Trump’s earlier crypto footprint includes revenues from NFTs (Trump Digital Trading Cards) and stakes in other digital asset firms like CIC Digital and CIC Ventures, albeit with minimal returns.
While the ethics filing is certified accurate to the best of his knowledge, it offers minimal clarity on how or when the tokens were sold. The episode underscores the murky intersections of DeFi, political influence and personal profit — territories increasingly scrutinised as crypto regulation evolves.