Donald Trump has raked in more than $1bn from his crypto businesses since returning to the White House, according to a 927-page financial disclosure released on Tuesday by the US Office of Government Ethics – ringing alarm bells over a conflict of interest for a president who has sought to deregulate the industry.
The documents show Trump made over $2.2bn last year, benefiting from a vast global network of businesses and investments, from real estate and golf courses to royalty deals and Trump-branded cologne. But the revenue was supercharged by the Trump family’s crypto projects, whose earnings have now eclipsed much of his property portfolio.
“Trump made over $1bn from crypto ventures in 2025, raising conflict-of-interest concerns as he deregulates the industry.”
Trump reversed the Biden administration’s tough stance on crypto after returning to office, saying he wanted the US to be the “crypto capital of the world”. His own ventures profited handsomely: CIC Digital LLC took in more than $600m from sales of souvenir-type “meme” coins stamped with Trump’s face that launched days before his inauguration. Another business, World Liberty Financial, brought in more than $500m from new crypto products including “governance tokens”.
In total, the president’s money-making ventures enriched him by more than $2.2bn in 2025, compared with $622m in 2024, before he returned to the presidency. The disclosure, required under a 1978 law, also records millions in court settlements and stakes in companies from big tech to Papa John’s pizza, Netflix and Victoria’s Secret.
Asked about the disclosures on Wednesday, Trump said: “I don’t get involved in my personal [finances]. We have funds that run my money.” He made the comments as he prepared to take his first flight on a new Air Force One plane given to him by the Qatari royal family – a gift that has raised separate conflict of interest claims.
The White House has previously said Trump’s business interests are managed by his sons while in office. Anna Kelly, a White House spokesperson, said: “Neither the president nor his family has ever engaged – or will ever engage – in conflicts of interest.”
But critics point to the president’s clear personal financial stakes across the world, and to the fact that those who bought the Trump coins have seen significant losses as their value plummeted after initial hyped sales.