Trump's 2025 Financial Disclosure Shows Over $1 Billion in Crypto Income as Bitcoin Slid 50% - Unchained

President Donald Trump earned more than $1 billion from cryptocurrency last year, according to financial disclosures released Tuesday by the Office of Government Ethics.

Trump collected $635 million in royalties from his $TRUMP token memecoin business, which launched days before his inauguration on January 2025, according to the disclosure. He also received more than $500 million from token sales connected to World Liberty Financial, the DeFi project backed by he and his family.

This story is an excerpt from the Unchained Daily newsletter.

Subscribe here to get these updates in your email for free

Trump also disclosed holding more than $50 million in ether, more than $50 million in bitcoin, and up to $250,000 in USD Organization-affiliated entity with a stake in World Liberty Financial, Trump held more than $50 million in ether, more than $50 million in bitcoin, and up to $250,000 in USD through DT Marks Defi LLC.

Through CIC Digital LLC, a second Trump Organization entity that co-owns the memecoin business, the president held an additional $25 million in ether, $25 million in USDC, more than $50 million in bitcoin, and an equity stake in Coreweave, the bitcoin miner that pivoted to AI infrastructure.

Trump through a third entity DT Marks SC LLC holds a stake in a “stablecoin holdco” that generated well over $196 million in revenue in 2025, tied to a reported investment from Abu Dhabi Sheikh Tahnoon bin Zayed Al Nahyan. Trump also disclosed 6 million from an NFT licensing agreement.

Meanwhile, Vice President JD Vance disclosed between $100,000 and $500,000 in bitcoin held through a Coinbase account.

The disclosures arrive as bitcoin trades roughly 50% below the all-time high it set last October, and as the broader crypto market has struggled through a third consecutive quarterly loss. It also sharpens a conflict-of-interest debate that has dogged the Digital Asset Market Clarity Act throughout Senate negotiations.

Multiple Democratic senators, along with some Republicans, have said they will not vote for the bill without a provision barring senior government officials from holding personal stakes in crypto businesses. Trump’s White House has pushed back against earlier versions of the language. With the August recess roughly five weeks away and the bill still short of the 60 votes it needs for passage, the financial disclosures are likely to intensify that pressure at the worst possible moment for the bill’s timeline.

Related Listen: Bits + Bips: How the Dimon vs. Armstrong Clash Reveals Crypto at Peak Political Power