Trump's 2025 Disclosure Shows About $1.2 Billion Revenue from Crypto Ventures

President Donald Trump’s 2025 financial disclosure reveals that his crypto enterprises earned nearly $1.2 billion in revenue. The filing shows World Liberty Financial received more than $500 million from sales of new crypto products, including governance tokens, while CIC Digital LLC generated over $600 million from “meme” coins bearing Trump’s likeness. Both assets have since experienced steep price declines.

The report also lists additional income from branded merchandise, such as watches that brought in $4.7 million, and overseas real-estate fees that added tens of millions to the Trump Organization’s earnings. Notable foreign projects included properties in the United Arab Emirates ($10.4 million), Saudi Arabia ($9 million), Romania and Qatar ($5 million each), and a new resort in Vietnam that contributed $5 million.

"The White House has repeatedly said that Trump has put his business in a trust managed by his sons, that there are zero conflicts and he only acts in the interest of the country," a White House spokesperson said.

Regulators had previously warned that governance tokens do not confer ownership stakes and are difficult to value. Despite those warnings, a Chinese billionaire purchased $75 million of tokens and $200 million of meme coins. The same billionaire, Justin Sun, denied any link between his spending and a separate federal case, and World Liberty dismissed conflict-of-interest concerns.

Investors have seen the meme coin price fall from a peak above $74 to about $1.68, and World Liberty tokens have lost roughly 80 percent of their value since launching in September. The disclosure provides revenue figures but does not disclose profit margins, leaving the exact earnings from these ventures unclear.