#TrumpBTCTreasury
Donald Trump has disclosed almost $60mn in income from one of his cryptocurrency ventures, highlighting how the US president has benefited from his embrace of the digital asset industry. Trump on Friday reported income of $57.4mn derived from his involvement with World Liberty Financial, a cryptocurrency group he backs with his sons Donald Jr and Eric. The more than 200-page filing, published by the US Office of Government Ethics, an ethics watchdog, shows that Trump holds 15.75bn governance tokens — which provide him with voting rights — in the World Liberty Financial venture.
Trump has also repeatedly touted his own $TRUMP memecoin on social media — and last month hosted a gala dinner for its biggest holders.
The Trump family media company last week said it hoped to launch its own exchange traded fund that would directly hold bitcoin, and in May said it would raise $2.5bn to create a “bitcoin treasury”.