President Donald Trump reported more than $1 billion in cryptocurrency-related income in his latest annual financial disclosure, underscoring how digital assets have become a major part of his business portfolio.
The 2025 filing, released Tuesday by the U.S. Office of Government Ethics, spans more than 900 pages and covers the first year of Trump’s second non-consecutive term in the White House.
Trump reported more than $500 million from sales by World Liberty Financial, a crypto company co-founded by members of his family.
The president also reported $635 million in royalties tied to what the disclosure described as “Celebration Coins,” which were reportedly connected to CIC Digital LLC, Trump’s meme coin business, according to Bloomberg.
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The filing showed Trump’s real estate, golf and club holdings continued to generate substantial revenue. Mar-a-Lago in Palm Beach, Florida, brought in more than $77 million, according to the disclosure.
Trump also earned millions from branded merchandise, including sneakers, Bibles and watches. The watch deal alone brought in $4.7 million, according to the filing.
The disclosure also listed more than $86 million in legal settlements involving ABC, CBS, Meta, YouTube and X.
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Trump’s net worth has climbed to $6 billion, up from $2.3 billion in 2024, according to Forbes.
White House spokesperson Anna Kelly dismissed conflict-of-interest concerns in a statement to FOX Business and said that the administration’s crypto policies are aimed at promoting U.S. innovation and economic growth.
“Neither the President nor his family has ever engaged — or will ever engage — in conflicts of interest,” Kelly said. “President Trump proudly made the United States the crypto capital of the world through executive actions, supporting legislation like the GENIUS Act, and other commonsense policies to drive innovation and economic opportunity for all Americans.”
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She also argued that criticism of the president’s business interests amounts to a “false narrative.”
“All actions by President Trump and his administration are taken in the best interest of the American people – and any so-called ‘reporters’ pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade,” Kelly added.
