Trump discloses $57M crypto windfall from World Liberty Financial

14 hours ago

Trump discloses $57.4 cardinal successful income tied to World Liberty Financial, a DeFi task that has raised implicit $550 cardinal from investors.

Trump discloses $57M crypto windfall from World Liberty Financial

US President Donald Trump has disclosed $57.4 cardinal successful income from his engagement with World Liberty Financial, a cryptocurrency task helium backs alongside his sons Donald Jr. and Eric.

The details emerged successful Trump’s 2025 nationalist fiscal disclosure, filed with the US Office of Government Ethics connected June 13. The filing reveals that Trump holds 15.75 cardinal governance tokens successful World Liberty Financial, which besides grants him voting rights.

While the papers does not elaborate connected the precise operation oregon marketplace worth of the governance tokens, the important reported income suggests that Trump has monetized immoderate information of the presumption oregon that the tokens were valued for disclosure astatine a precocious interior rate.

The filing simply states the income arsenic “$57,437,927” without detailing whether the summation was realized done token sales, staking rewards, oregon different mechanisms.

Filing shows Trump earning $57 cardinal from WLFI. Source: DocumentCloud

Related: Trump Media’s Bitcoin treasury registration ‘declared effective’ by SEC

World Liberty Financial raises $550 million

World Liberty Financial raised $200 cardinal successful its archetypal circular of nationalist token merchantability and different $250 cardinal successful the 2nd token sale, bringing full fundraising to astir $550 million, the steadfast disclosed successful March.

The task launched successful September 2024 with a absorption connected DeFi and dollar-pegged stablecoins, presenting itself arsenic a challenger to the accepted fiscal system.

Major crypto investors person besides bought in. Tron laminitis Justin Sun invested $30 cardinal successful November 2024, receiving 2 cardinal WLFI tokens astatine the aboriginal terms of $0.015.

Web3Port followed with a $10 cardinal concern successful January, portion Oddiyana Ventures besides joined arsenic a strategical investor, though the magnitude was not disclosed.

Related: Trump addresses Coinbase acme to sermon crypto plans

Trump’s broader integer plus footprint

Notably, Trump’s disclosure besides reflects his broader integer plus footprint. In past filings, helium revealed revenue from NFT-based ventures specified arsenic the Trump Digital Trading Cards collection. The latest filing shows nary caller NFT income.

According to the form, Trump maintains roles successful assorted holding companies tied to integer ventures, including CIC Digital LLC and CIC Ventures LLC, though income from those entities is minimal oregon inactive.

The morals filing includes the President’s certification that the accusation is “true, complete, and close to the champion of [his] knowledge” and is taxable to reappraisal by the Office of Government Ethics.

Magazine: China threatened by US stablecoins, G7 urged to tackle Lazarus Group: Asia Express

View source