Trump Made More Than $1.2 Billion From Crypto Ventures This Year, Including $600 Million From Meme Coin

President Donald Trump earned at least $1.2 billion this year from cryptocurrency and meme-coin ventures.

Bloomberg reported on June 30 that Trump disclosed at least $1.2 billion of income from crypto businesses in his annual financial disclosure released by the US Office of Government Ethics.

His biggest source of income was decentralized-finance project World Liberty Financial, or WLFI, which generated more than $588 million from token sales. World Liberty Financial was co-founded by Trump, his sons and Steve Witkoff, the US special envoy to the Middle East. Witkoff's son, Zach Witkoff, is the chief executive officer.

CIC Digital LLC, which runs the meme-coin business, reported $636 million of income. Most of it came from royalty revenue under a licensing agreement with Celebration Coins. CIC Digital also disclosed holding at least $60 million of cryptocurrency in digital wallets.

The 927-page filing details Trump's major assets and income sources, including hotels, golf courses and crypto businesses.

Trump has continued to hold his assets after taking office rather than placing them in a blind trust, keeping questions alive over potential conflicts of interest between his presidency and his private business interests. Critics have repeatedly raised concerns that presidential policy could clash with his business interests.

Trump's net worth is estimated at about $7.6 billion, according to the Bloomberg Billionaires Index.