Trump made more than $1B from crypto in first year back in office
President Donald Trump made over $1 billion from cryptocurrency investments and business dealings during his first year back in office, according to financial disclosures. The bulk of the earnings came from his involvement with a crypto platform and related ventures, highlighting a significant shift in his financial portfolio.
Background
- The article refers to Donald Trump's financial activities after returning to the US presidency in January 2025. "First year back in office" means 2025, as Trump began a second, non-consecutive term.
- The core claim is that Trump's business interests made over $1 billion from cryptocurrency ventures during this period, primarily through his family's crypto platform World Liberty Financial (WLF) and associated meme coin ("TRUMP" token) launches.
- This is significant because: (a) Trump was historically a crypto skeptic who called Bitcoin a "scam" in 2019, but pivoted to embrace the industry during his 2024 campaign; (b) it raises conflicts-of-interest questions — his administration has proposed crypto-friendly regulations while his family directly profits from the market; (c) the figure is an estimate based on token values and trading volumes, not realized cash profits (crypto holdings can be volatile).
- Key entities: World Liberty Financial (WLF) — a DeFi (decentralized finance) platform co-founded by Trump's sons Eric and Donald Jr.; "TRUMP" — an official meme coin whose price surged after the election; and various NFT projects previously launched by the Trump Organization.