The U.S. Office of Government Ethics released President Donald Trump’s annual financial disclosure on Tuesday, showing substantial earnings from his cryptocurrency ventures in 2025.
Spanning more than 900 pages, the report outlines income and assets from the president’s numerous businesses, with cryptocurrency holdings featured among the largest entries.
In total, President Trump earned over $1.2 billion from crypto-related activities. He also disclosed holding more than $50 million in Bitcoin, along with between $5 million and $25 million in Ethereum and other digital assets.
He generated just over $635 million from his meme coin alone, derived almost entirely from royalties under a licensing agreement with Celebration Coins, per the filing. The TRUMP token, which operates on the Solana blockchain, launched days before Trump returned to office in January 2025. Its market capitalization surged to multibillion‑dollar levels within hours of launch, only to decline sharply in the following days and weeks. The coin now trades at $1.66, giving it a market cap of roughly $394 million—about a 98% drop from its all‑time high reached on January 19, 2025.
Additionally, the president reported more than $588 million in net proceeds from token sales conducted by World Liberty Financial, a decentralized‑finance and stablecoin venture run by the Trump family and their associates.
This filing comes after an earlier disclosure in May that highlighted the president’s profits from trading securities, including crypto‑linked stocks such as Robinhood and Coinbase.
Trump’s cryptocurrency activities continue to spark debate among U.S. lawmakers, particularly senior Democrats who oppose the proposed Clarity Act. While the bill passed the House, it remains stalled in the Senate. The legislation would legalize most crypto activity nationwide, but critics argue it must include ethics provisions that prevent the president and his family from participating in crypto‑related businesses.
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