Trump earned more than $57.35 million from cryptocurrency project World Liberty Financial
According to Donald Trump’s latest financial disclosure, he earned $57.35 million from the World Liberty Financial (WLFI) token sale in 2024.
The documents show that Trump holds 15.75 billion WLFI governance tokens, which gives him significant voting power as the project’s “chief crypto advocate” and honorary co-founder.
It is reported that Trump's two sons also serve as co-founders of the DeFi project, but do not hold any senior positions such as executives, directors, founders or actual operators.
WLFI’s most recent token sale was completed in March, raising $550 million by selling 25% of the total token supply. Co-founder Zak Folkman said the project plans to sell 63% of the total token supply to the public.
World Liberty has recently begun to focus on promoting its US dollar stablecoin USD1, and airdropped the stablecoin to WLFI holders earlier this month.
However, Trump's deep relationship with the project has also drawn criticism from several Democratic senators, who accused him of a possible conflict of interest.
Truth Social applies to SEC again for Bitcoin + Ethereum ETF
Trump's social platform Truth Social (operated by Trump Media and Technology Group) submitted its second crypto ETF application to the U.S. Securities and Exchange Commission (SEC) on Monday, this time aiming to track the spot performance of Bitcoin and Ethereum.
The fund will be launched by Yorkville America Digital, with an initial allocation of approximately 75% Bitcoin and 25% Ethereum, but the proportion can be adjusted dynamically according to market conditions. Foris DAX Trust Co. will serve as custodian, and the institution also participated in its previous single-asset Bitcoin ETF.
Truth Social is the third company to apply to the SEC for a Bitcoin + Ethereum spot ETF after Bitwise and Hashdex. Volatility Shares and ProShares have applied for futures-based versions.
Strategy purchases another 10,100 Bitcoins, Metaplanet reaches 10,000 BTC milestone
Strategy (formerly known as MicroStrategy) announced on Monday that it had purchased 10,100 new bitcoins worth $1.05 billion. After this purchase, its total holdings reached 592,100 BTC, with a market value of more than $63 billion, accounting for about 2.8% of the total supply of Bitcoin.
At the same time, Japanese listed company Metaplanet's Bitcoin holdings exceeded 10,000, marking the growing strategic allocation of digital assets by traditional companies.
