The U.S. Office of Government Ethics released President Donald Trump’s certified annual financial disclosure report on June 30.
Summary
- Trump’s 2025 filing showed crypto income above $1.4 billion, led by memecoin and WLFI proceeds.
- Real estate and resort income lagged behind crypto, despite stronger revenue from several golf properties.
- Public Citizen urged Congress to restrict officeholders’ crypto holdings, while the White House denied conflicts.
The filing showed more than $1.4 billion in income from crypto-related ventures in 2025.
The total placed crypto ahead of Trump’s real estate, golf and resort businesses. The filing showed a shift in the sources of his income, with Trump-branded memecoins and World Liberty Financial becoming the largest reported earners.
Memecoins and WLFI drove the total
The filing showed about $635 million in income from Trump-branded memecoins. Reuters reported that the income came from royalties linked to a license agreement with Celebration Coins.
World Liberty Financial was another major source of income. The same filing showed hundreds of millions of dollars tied to token sales and business interests connected to the Trump family’s DeFi venture.
A Galaxy Research post on X also pointed to crypto holdings listed in the disclosure. These included Bitcoin, Ether, USDC and other digital assets held in cold wallets.
White House rejects conflict claims
The disclosure renewed questions about Trump’s role as president while his family’s crypto ventures generated large income. His administration pushed a friendlier crypto policy stance during the same period.
White House Deputy Press Secretary Anna Kelly rejected conflict claims. She said, “Neither the President nor his family has ever engaged — or will ever engage — in conflicts of interest.” She also said Trump had “proudly made the United States the crypto capital of the world.”
Watchdogs press Congress to act
Consumer advocacy group Public Citizen called the reported crypto income an “obscene crypto grift” and urged Congress to act. Robert Weissman, the group’s co-president, said Trump’s personal profit interest had aligned him with the crypto industry.
As previously reported by crypto.news, Senate Democrats recently asked for hearings into a reported $500 million UAE-linked investment in World Liberty Financial. The lawmakers questioned whether the deal had any link to later U.S. policy decisions involving arms sales and AI chip access for the United Arab Emirates.
As reported by crypto.news, earlier scrutiny also focused on the TRUMP memecoin and a Mar-a-Lago gala for top token holders. That report said Trump family-linked entities had earned more than $320 million in TRUMP transaction fees since the token launched in January 2025.
The new filing adds an official financial record to the debate. It shows that crypto became a larger reported income source for Trump in 2025 than the business lines most tied to his brand.
