Federal filing reveals Trump earned over $1 billion from crypto businesses

US President Donald Trump earned more than $1 billion from his cryptocurrency ventures over the past year, according to a federal financial disclosure released on Tuesday.

During his second term in office, Trump and his family have invested heavily in digital assets and a range of cryptocurrency businesses.

Trump said earlier in 2025 that he wanted the United States to become the “crypto capital of the world.”

The president’s cryptocurrency earnings come in addition to profits generated through legal settlements, real estate holdings and royalty agreements.

Most of Trump’s crypto ventures were newly established companies when he took office. They have since grown to generate more income than much of the vast real estate portfolio he spent decades building.

The surge was fueled by billionaire investors and by Trump’s efforts to dismantle the federal crackdown on the cryptocurrency industry.

According to the mandatory annual financial disclosure filed with the government ethics office for 2025, Trump earned more than $500 million from World Liberty Financial, his flagship cryptocurrency company, which sells new crypto products including governance tokens.

The report also disclosed that CIC Digital LLC, another cryptocurrency company, generated more than $600 million in revenue from sales of commemorative meme coins bearing Trump’s image. The tokens were launched just days before his inauguration.

White House spokeswoman Anna Kelly said:

“Neither the President nor his family has ever had or will ever have a conflict of interest. Through executive actions, support for legislation such as the GENIUS Act, and other common-sense policies that promote innovation and economic opportunity for all Americans, President Trump has proudly made the United States the crypto capital of the world.”

Kelly also maintained that Trump and his administration had taken every action “in the best interests of the American people.”

Trump’s cryptocurrency ventures, including his tokens and meme coins, have declined in value since their launch.

In another unprecedented move for a sitting president, Trump also earned millions of dollars last year from the sale of Trump-branded Bibles, sneakers and other merchandise.

The president earned $4.7 million from Trump-branded watches alone.

The rise of Trump’s cryptocurrency business is particularly notable compared with his real estate operations, even as he earned tens of millions of dollars from fees and licensing agreements tied to new hotels, resorts and residential developments overseas.

Many of those countries were simultaneously engaged in negotiations with the United States over tariffs, military assistance and other major issues.

A real estate project in the United Arab Emirates generated $10.4 million in income.

In Saudi Arabia, a property developed by a real estate company closely linked to the ruling family generated $9 million for Trump’s business.

Properties in Bucharest, Romania, and Qatar each generated $5 million for Trump.

The disclosure also detailed that the president received more than $86 million through five separate legal settlements involving ABC, CBS, YouTube, Meta and X.