Trump's Crypto Income Tops $1 Billion, Eclipsing Real Estate Earnings

Where the money came from

According to the disclosure, Trump earned roughly $588 million in proceeds from token sales tied to World Liberty Financial, the crypto venture he co-founded with his sons. A further $635 million came in royalties linked to the $TRUMP meme coin, through a licensing arrangement with a firm identified in the filing as Celebration Coins.

Cointelegraph reported that memecoin sales and royalties generated more income than all of Trump's golf courses combined. The president also disclosed direct crypto holdings, including about $50 million in bitcoin, between $5 million and $25 million each in Ethereum and USDC, and a smaller position in a token listed as KEY.

The latest numbers represent a dramatic jump from the prior year, when Trump reported around $57 million from World Liberty Financial token sales. Reuters has previously estimated that the Trump family has earned at least $2.3 billion in profit from crypto ventures since Trump returned to the White House in 2025, driven largely by World Liberty Financial and the $TRUMP project.

Scrutiny over conflicts of interest

The disclosure has sharpened questions about the president's expanding financial stake in an industry his own government regulates. Since taking office, the administration has advanced a series of crypto-friendly measures, including easing enforcement actions and backing legislation intended to create clearer rules for digital assets. Trump has also signed an executive order aimed at promoting lawful dollar-backed stablecoins internationally.

Critics contend that the president's personal earnings create potential conflicts of interest, while the White House has said its policies are meant to encourage innovation and strengthen the broader U.S. economy.

CoinDesk noted that Trump's crypto windfall arrived even as the wider industry appeared to be heading toward a slump, underscoring how personally lucrative the ventures have been relative to market conditions. Beyond crypto, the filing also listed income from licensing deals, overseas property developments and legal settlements with media companies.

For markets in Europe and Africa watching how the United States codifies its digital-asset framework, the disclosure is a reminder that the rules being written may be inseparable from the financial interests of those writing them.

Bitcoin climbed back above $60,000 after weaker US economic data revived hopes that the Federal Reserve's hawkish stance may be softening.