Trump earned $57.4M from DeFi venture World Liberty Financial, holding 15.75B tokens amid growing crypto influence in his empire.
The Trump family expanded into crypto with $320M from $TRUMP meme coin, WLFI governance tokens, mining, and digital asset ETFs.
Trump’s crypto-linked gains raise ethical concerns as his businesses thrive alongside favorable U.S. policy shifts during his presidency.
Donald Trump has declared $57.4 million in income from World Liberty Financial, a DeFi venture he co-founded with his sons. The disclosure, filed with the U.S. Office of Government Ethics on June 13, revealed Trump's ownership of 15.75 billion WLFI governance tokens. These tokens also give him voting rights within the protocol. However, the filing did not specify whether he sold, staked, or simply appraised the tokens highly for reporting purposes.
Moreover, the token income comes amid a broader surge in the Trump family’s crypto activity. According to the disclosure, Trump earned over $600 million across his ventures in 2024. These include crypto projects, golf resorts, real estate, and licensing deals. The assets listed are worth at least $1.6 billion, based on a Reuters breakdown. Hence, the crypto windfall marks a significant shift in Trump’s portfolio toward digital finance.
World Liberty Financial's Rapid Expansion
World Liberty Financial launched in September 2024, positioning itself as a DeFi disruptor. It aims to rival traditional finance with dollar-pegged stablecoins and open governance. The project has already raised $550 million through two public token sales. Justin Sun invested $30 million in November 2024 for 2 billion tokens, while Web3Port and Oddiyana Ventures joined later as strategic backers.
Besides the token sales, Trump’s massive token holdings suggest an early allocation. These governance tokens could carry both influence and monetary potential. However, the filing did not confirm whether Trump monetized the tokens or merely disclosed their projected value.
Expanding Crypto Empire and Conflict Concerns
In addition to WLFI, Trump earned roughly $320 million in fees from the meme coin $TRUMP. This meme coin launched earlier in 2024 and rapidly became a lucrative venture. Furthermore, the Trump family also holds stakes in a Bitcoin mining operation and a digital asset ETF business. Consequently, their crypto empire now spans multiple verticals of blockchain finance.
However, critics argue this financial entanglement raises ethical questions. Despite claims that his businesses are in a family trust, Trump continues to benefit from them. Additionally, many of these ventures align closely with favorable U.S. crypto policy shifts under his presidency.
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