The U.S. Office of Government Ethics released Donald Trump's financial disclosure for 2025. According to the document, projects and assets related to the crypto industry generated at least $1.4 billion in revenue for him.
According to journalists' estimates, this amount surpasses his earnings from real estate and resort businesses. The largest portion—around $635 million—came from royalties under a licensing agreement with Celebration Coins, linked to the meme coin $TRUMP.
Trump declared over $520 million as revenue from the sale of tokens from World Liberty Financial, a crypto project associated with him and his family. The disclosure also noted about $65 million from selling a stake in the company controlling World Liberty Financial, and nearly $197 million in net proceeds from a deal involving the stablecoin USD1.
The report lists other crypto assets and investments in related companies. However, determining the exact value of Trump's wealth in digital finance is challenging, as the disclosure uses valuation ranges with an upper limit of "over $50 million."
The release of the disclosure intensified criticism of the U.S. president over potential conflicts of interest. In 2025, his administration promoted a more favorable policy for the crypto industry, including easing regulations and supporting stablecoin legislation.
Deputy Press Secretary Anna Kelly stated:
"Neither the president nor his family have ever had or will have conflicts of interest."
It is worth noting that in May 2025, Democrats accused Republicans of systematically ignoring Donald Trump's conflict of interest related to his connections in the crypto space.