Disclosure of profits from Trump family's WLF company's cryptocurrency investment, with 2024 revenue exceeding $58 million
On Friday, U.S. President Trump submitted a mandatory financial disclosure report for 2024, showing that he made over $58 million from his cryptocurrency investment in World Liberty Financial (WLF). According to a report by The New York Times, his total income from all businesses in 2024 was at least $622 million.
Trump's cryptocurrency wealth primarily comes from the DeFi platform WLF, which is controlled by the Trump family and his son. Trump holds WLF governance tokens valued at $15.7 billion, which also grant him voting rights in the project. Additionally, he has earned over $1 million by authorizing personal NFTs through NFT INT company.
The financial disclosure also revealed that Trump received $100,000 in royalties from NFT INT and over $216,000 in licensing fees from Designers Manager.
Eric Trump, the head of the Trump Organization and Trump's second son, stated in a press release on Friday that he is very proud of the company's performance, calling it the strongest year in the history of the Trump Organization.
According to the latest report from Forbes, since launching the NFT in 2022, Trump has earned $1 billion from the cryptocurrency project. Additionally, two entities under Trump control 80% of the supply of the official Trump (TRUMP) meme coin and share transaction fee income with partners. According to a crypto analytics company, memecoins have generated approximately $350 million in fees this year.
However, Trump's financial disclosure did not include the funds raised by WLF in 2025, which will significantly impact his income this year. WLF's initial token sale took place in October 2024, raising approximately $300 million. On January 20, the day of Trump's inauguration, WLF announced a second round of financing, raising $250 million.
Notably, WLF airdropped USD1 worth $47 to early supporters last week, and this week, the company's first stablecoin, USD1, officially completed its minting.
What do you think about Trump's investment performance in the cryptocurrency space? Do you believe his family projects are sustainable?
