Trump pocketed more than $1 billion from crypto ties as industry headed toward slump
The president has capitalized massively on crypto, according to his 2025 financial disclosure, making it one of his most lucrative business moves.
By Nikhilesh De, Jesse Hamilton
Updated Jun 30, 2026, 10:56 p.m. Published Jun 30, 2026, 10:28 p.m.
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President Donald Trump earned more than $1 billion from crypto sales and royalties last year while living in the White House and pursuing aggressively pro-crypto policies in his administration.
Even as the president increased his fortune from sometimes contentious crypto industry ties, the rest of the sector headed into a rough patch in which assets have plummeted in price and businesses struggle. Bitcoin is down some 50% from its all-time high seen last fall.
Trump’s annual disclosure for 2025, released Tuesday by the Office of Government Ethics, revealed he made $635 million in royalties from his memecoin business, which began hawking his self-named coin on the eve of his return to the presidency. He also pocketed more than $500 million from token sales connected to World Liberty Financial, the crypto company that he and his family have maintained an ownership stake in, even as it’s drawn conflict-of-interest complaints while it seeks U.S. regulatory approvals.
The same section also noted Trump holding up to $250,000 in USD, up to $15,000 in the USDC stablecoin, more than $50 million in Ethereum’s ether (ETH), more than $50 million in bitcoin BTC$58,534.75 and a combined $6 million and change in various other cryptocurrencies under DT Marks Defi LLC, the Trump Organization-affiliated entity that has the stake in World Liberty.
The president also disclosed a number of other crypto crypto holdings through CIC Digital LLC, a Trump Organization affiliated entity that is one of the two main owners of the president’s memecoin business, including:
- more than $50 million in bitcoin BTC$58,534.75
- $25 million in Ethereum’s ether (ETH)
- $25 million in USDC
- an equity stake in Coreweave, the bitcoin miner that shifted toward AI
- another stake in a “stablecoin holdco” held under DT Marks SC LLC., a business that generated $8 million in revenue last year, tied to an investment from Abu Dhabi Sheikh Tahnoon bin Zayed Al Nahyan
White House spokespeople didn’t immediately respond to a request for comment on the disclosures. Wealth disclosed on government financial reports can be difficult to assess, because they include wide ranges of valuation.
Trump’s disclosure included several mentions of purchases and sales of Coinbase’s Class A stock (COIN) through different investment accounts controlled by the president. As these disclosures included ranges, it’s difficult to say exactly how much he owns in Coinbase shares, but he disclosed more purchases than sales over the course of 2025, with some of the individual purchases in the tens of thousands of dollars.
He also disclosed stakes in other companies with crypto-related products, like CME, Block Inc. (not to be confused with Block Financial, a mortgage firm he also owns shares of) and Intercontinental Exchange (the parent company to the New York Stock Exchange).
Trump also made $6 million through an NFT licensing agreement.
Though Trump was once a crypto critic, he embraced the technology during the 2024 campaign trail before his return to the White House. He pivoted his personal business interests toward the digital assets sector, and he has unapologetically maintained those ties even as he and his appointees steer the federal government to embrace the industry.
His crypto connections have frequently drawn criticism to the president and his regulators. The conflict-of-interests complaints came to a point during the debate over the Digital Asset Market Clarity Act — the crypto market structure bill that’s the industry’s most important policy effort. Democrats have demanded that the legislation ensure senior government officials be banned from such personal business ties in crypto.
That provision of the Clarity Act hasn’t yet been resolved in the ongoing negotiations over the Senate bill, and only weeks of Senate floor time remain to schedule it for a vote if the legislation can reach a final compromise.
Vice President James David Vance disclosed holding somewhere between $100,000 and $500,000 worth of Bitcoin through a Coinbase account in his own annual disclosure.
UPDATE (June 30, 2026, 22:56 UTC): Adds additional information.
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