According to the latest annual financial disclosure document, U.S. President Donald Trump earned over $57 million last year from the token sales of the cryptocurrency project - 'World Liberty Financial'.
This financial report was made public by the U.S. Office of Government Ethics (OGE) last Friday, revealing that Trump earned $57,355,532 from World Liberty Financial, and disclosed that he owns 15.75 billion WLFI tokens, valued between $1,001 and $15,000, indicating that Trump holds potential voting rights in the project and may have certain influence in the governance structure.
According to the financial disclosure guidelines of the U.S. Office of Government Ethics Form 278e, such reports typically cover the financial activities of the previous full year, thus the declaration reflects Trump's assets and income situation for the year 2024.
According to the officially released white paper, Trump and his three sons are listed as 'core supporters' of World Liberty Financial, and Trump himself is the project's 'Chief Crypto Advocate'.
However, the white paper also emphasizes that the Trump family did not serve as founders, directors, executives, or operational positions in the project, and has no direct formal association with the business.
In March of this year, World Liberty Financial had just completed its latest round of public sales for the WLFI token, pushing 25% of the total supply to the market, raising as much as $550 million.
The total supply of WLFI reaches 100 billion tokens, and co-founder Zak Folkman has previously revealed that the ultimate goal is to release 63% of the token supply for market circulation.
In addition to the WLFI token sales, World Liberty Financial has been actively laying out the USD stablecoin USD1, and earlier this month has airdropped USD1 to WLFI holders, attempting to boost usage with a community-centric approach.
This action is highly consistent with Trump's consistent stance, as he has publicly supported stablecoins multiple times, coinciding with Congress pushing for stablecoin legislation, making his supportive position particularly noteworthy.
This article is reprinted with permission from: (Blockchain Client)
Original Title: (Holding 15.7 Billion WLFI! Trump Earned Over $50 Million Last Year from World Liberty Token Sales)
Original Author: Xun
'Profiting from the Coin Circle! Trump Earned Over $50 Million Last Year from WLFI Crypto Platform Token Sales' was first published in 'Crypto City'