Trump earned $57.4 million from crypto firm in 2024: Report

Trump earned $57.4 million from crypto firm in 2024: Report

U.S. President Donald Trump earned approximately $57.4 million in 2024 from his cryptocurrency company, World Liberty Financial (WLF), according to a newly released U.S. Government Ethics report.

The 234-page financial disclosure, filed for the year ending December 31, 2024, reveals that Trump earned the bulk of this income through token sales associated with WLF. The report lists him as Co-Founder Emeritus of the company, which was co-founded with real estate investor Steven Witkoff. Trump’s sons — Eric Trump, Donald Trump Jr., and Barron Trump — are also co-founders.

Trump retains control over the WLFI protocol and governance platform, including the digital token treasury, key wallets, and related intellectual property. The company’s stablecoin, World Liberty Financial Token (USD1), is pegged to the U.S. dollar and was trading at $1 as of June 15, 2025, according to CoinMarketCap.

The token saw its all-time high of $1.01 on May 12, 2025, and its lowest point of $0.991 on April 16, 2025. Headquartered in Miami, WLF aims to build open blockchain-based financial infrastructure to expand global access to financial services.

“Our goal is to create a fairer system where opportunity isn’t limited by location, status, or permission,” reads the company’s mission statement.

In a related move, Trump signed an executive order in March 2025 establishing a “Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile,” positioning the country for leadership in the global digital asset arena.

The ethics filing highlights Trump’s deepening financial and strategic involvement in the growing cryptocurrency space, which is expected to feature prominently in his 2024 presidential campaign narrative.

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