Trump reports more than $1.4 billion from crypto ventures
New federal disclosures show crypto income has become a major revenue stream for Trump as Democrats seek hearings on industry ties.
By James Whitfield · Staff Writer
3 min read
President Donald Trump reported more than $1.4 billion in income from cryptocurrency ventures in 2025, according to annual financial disclosure forms released Tuesday by the US Office of Government Ethics. The filings put new attention on Trump’s personal financial links to an industry that has benefited from his administration’s policy shift.
The ethics office released disclosure forms for Trump and Vice President JD Vance. A 927-page filing for Trump lists his reported assets and income for 2025, including cryptocurrency-related earnings and money from settlements with media companies, according to Al Jazeera and Reuters.
Crypto income listed in federal filing
Trump reported more than $500 million from World Liberty Financial, a cryptocurrency business he co-founded with his sons, according to the filing. He also listed $635 million from sales of his $TRUMP meme coin.
Al Jazeera and Reuters reported that digital assets now appear to account for one of the largest portions of Trump’s income, surpassing even parts of the real estate business long associated with his family. The disclosure does not resolve the political questions around those holdings, particularly because Trump has promoted policies favorable to cryptocurrency since returning to office in January 2025.
Trump has said he wants the United States to become the “crypto capital of the world.” Early in his second term, he announced plans for a national strategic cryptocurrency reserve intended to support the stability of selected digital assets, according to Al Jazeera and Reuters.
The White House also hosted its first cryptocurrency summit under Trump. Al Jazeera and Reuters reported that the event included technology leaders who had faced investigations during former President Joe Biden’s administration.
Regulatory shift draws scrutiny
Under Trump, federal agencies have pulled back from some crypto enforcement actions. In February 2025, the Securities and Exchange Commission said it would drop charges against Coinbase, the largest US-based cryptocurrency exchange, after previously accusing the company of operating as an unregistered broker.
Trump has also backed new legislation for the sector. Congress passed the GENIUS Act in July 2025, creating a regulatory structure for stablecoins and requiring them to be backed one-to-one by US dollars. Supporters said the law would help bring cryptocurrency into wider use.
At the signing ceremony, Trump told the crypto community that it had been “mocked and dismissed and counted out,” and called the law’s enactment a “massive validation,” according to Al Jazeera and Reuters.
Democrats have argued that Trump’s ties to the sector raise corruption and national security concerns. Last week, five Democratic senators, including Elizabeth Warren and Richard Blumenthal, urged Republican colleagues to support hearings requiring Trump administration officials to testify under oath about cryptocurrency dealings.
The senators cited investments by the United Arab Emirates in World Liberty Financial, which the Trump family co-owns with the sons of government envoy Steve Witkoff. In a letter, the senators said the investments “raise questions about what more the UAE may receive — or may have already received” after investing in the Trump family crypto company.
The Democratic senators called for immediate hearings. The filing released Tuesday adds a detailed financial record to an already active political fight over how Trump’s private crypto interests intersect with federal policy.
This story draws on original reporting from Al Jazeera.