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The U.S. Office of Government Ethics released President Donald Trump’s 927-page annual financial disclosure for 2025 on June 30 2026 detailing income that multiple outlets described as a significant increase over prior years. Bloomberg reported that Trump earned at least $1.4 billion from crypto and memecoin-related businesses while Reuters placed the combined income from World Liberty Financial and the Trump meme coin above that threshold. The figures underscore a shift in the president’s revenue streams toward digital assets that have expanded under policies his administration has advanced.
World Liberty Financial a cryptocurrency project co-founded by Trump’s sons and the children of special envoy Steve Witkoff directed 75 percent of its proceeds to Trump family entities according to a Reuters review of the filings. The disclosure listed almost $800 million from that venture including more than $520 million tied to token sales and over $250 million from the sale of business interests. Trump separately reported $635 million in royalties from his meme coin which launched three days before he took office and whose value later declined sharply a New York Times analysis confirmed.
Those 2025 crypto receipts marked a sharp rise from the more than $600 million in total income Trump disclosed for 2024 with the BBC among outlets noting that Trump made more than $1bn from crypto in first year back in office. The president also received millions from real estate holdings Trump-branded Bibles watches and other licensed products according to the same filing. A separate Reuters investigation estimated that the Trump family’s aggregate earnings across four crypto ventures since returning to the White House reached $2.3 billion.
The family maintained significant token holdings after early sales with disclosures showing control over billions of governance tokens in World Liberty Financial a Reuters tally found. One transaction involved an investment firm tied to the United Arab Emirates acquiring nearly half the company which the New York Times reported occurred amid overlapping foreign policy considerations. Earlier 2024 disclosures had shown an initial $57 million from World Liberty Financial token sales according to Bloomberg data.
White House deputy press secretary Anna Kelly rejected any implication of ethical concerns in a statement responding to coverage of the disclosure. “Neither the President nor his family has ever engaged – or will ever engage – in conflicts of interest” Kelly said. She 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.”
Reuters analysis of blockchain records and company statements concluded that the Trump family extracted its gains primarily through token sales while bearing little downside risk as investors absorbed comparable losses exceeding $2 billion in some ventures. The family received an estimated $616 million from the $TRUMP meme coin project alone based on exchange flows and marketplace data the news service reported. Academics consulted by Reuters described the early-sale approach in such projects as unusual for the sector.
The disclosure arrives as the administration has promoted the United States as the crypto capital of the world a point Kelly reiterated in her remarks on the filings. World Liberty Financial had raised more than $1.4 billion through governance token sales by mid-2025 with the Trump-controlled share reflecting the 75 percent revenue split detailed in corporate documents. Additional context from prior years shows the crypto holdings grew from an initial stake that produced $57 million in 2024 according to Bloomberg compilations of earlier ethics filings.
