Trump’s crypto profits far surpassed the approximately $290 million he earned from his real estate and resort businesses. The biggest contributors were royalties from the TRUMP meme coin and token sales from World Liberty Financial (WLFI). The filing also shows Trump holds Bitcoin, as well as Ethereum, USDC, and USD Key.
Trump's Crypto Business Tops Real Estate
Trump crypto ventures generated more income for US President Donald Trump in 2025 than his long-established real estate and resort businesses. This is according to his latest annual financial disclosure that was released by the US Office of Government Ethics.
The filing shows that Trump earned more than $1.4 billion from crypto-related ventures last year. The disclosures renewed debate over potential conflicts of interest, as Trump's administration pursued policies widely seen as supportive of the cryptocurrency industry while his family's crypto businesses expanded quite a bit.
According to the report, the largest contributor to Trump's crypto earnings came from the licensing and sale of his meme coins, including TRUMP, which generated approximately $635 million in royalty income through a licensing agreement with Celebration Coins. The Trump family's decentralized finance platform, World Liberty Financial (WLFI), was another major revenue driver, and brought in around $588 million from token sales.
Together, these crypto ventures far exceeded the income generated by Trump's traditional business empire. His real estate portfolio, golf courses and resorts produced more than $290 million during the same period, including revenue from Mar-a-Lago in Florida and several golf clubs and hospitality properties.
Trump's administration has adopted a noticeably pro-crypto stance. During 2025, the White House supported a more favorable regulatory environment for digital assets through executive actions and policies designed to encourage growth in the crypto sector. Critics argue that the president's financial interests in crypto create a conflict with his role in shaping industry regulations.
However, the White House rejected those claims. Deputy Press Secretary Anna Kelly said President Trump "proudly made the United States the crypto capital of the world" and held firm that neither the president nor his family has engaged in conflicts of interest.
Some of Trump’s crypto income disclosures (Source: US OGE)
According to the disclosure, Trump owns more than $50 million worth of Bitcoin (BTC), between $5 million and $25 million worth of Ethereum (ETH) stored in cold wallets, as well as holdings of USDC and USD Key (KEY).
While Trump’s hotels, golf courses and resorts are still very profitable, the expansion of his cryptocurrency businesses turned digital assets into his largest income source. This is likely a reflection of the industry's strong performance during 2025 and Trump's growing involvement in the sector.
