Trump disclosure shows crypto ventures brought in billions last year

Donald Trump’s latest financial disclosure showed that cryptocurrency had become his biggest source of income, with the 927-page filing released by the U.S. Office of Government Ethics showing crypto-related ventures brought in more than a billion dollars last year. Trump said Wednesday that he was not involved in his personal financial dealings, even as the new paperwork laid out a sprawling set of earnings tied to his family’s crypto business.

The filing said Trump reported about $635 million in royalties from the company that issues the $TRUMP token, more than $500 million from token sales by World Liberty Financial, and around $65 million from equity sales in the firm that controls World Liberty Financial. Taken together, the numbers put crypto ahead of the real estate empire that once defined Trump’s business brand and showed how rapidly his digital-asset holdings have outpaced his long-established properties.

That is the accountability gap at the center of the disclosure. Presidents are usually expected to create distance from private business through blind trusts, clear firewalls and a hands-off approach to decisions that could move their own balance sheets. Trump has not adopted that kind of separation, and his past clashes with the Office of Government Ethics over certifying his financial disclosures have kept that issue in view. The latest filing makes the question sharper, because the same White House that is shaping crypto policy is overseeing a president whose family profits rise with the market he is regulating.

The administration has been openly pro-crypto. In January 2025, Trump issued an executive order on digital financial technology, and the White House later released a July 2025 fact sheet on a digital assets policy roadmap tied to his goal of making the United States the “crypto capital of the world.” That policy push sits alongside the family’s growing wealth from digital assets, a business line that earlier reporting had already estimated in the billions before this filing added fresh detail.

For critics and watchdogs, the issue is not whether Trump has embraced crypto, but whether he can credibly separate public power from private gain while his administration sets the rules for the same industry that is enriching him. The disclosure showed that, on paper, the overlap has only deepened.