Donald Trump’s latest financial disclosures reveal he earned $1.16bn from crypto sales and memecoin royalties last year. The bulk came through World Liberty Financial, the firm founded in 2024 by his sons Eric and Donald Jr. and Steve Witkoff’s sons. The disclosure lists thousands of stock trades and fees tied to entities bearing the Trump name.

World Liberty Financial generated $526.8mn from token sales and $635mn in royalties from a licence with Celebration Coins. Trump still holds 15.75bn tokens, valued at roughly $900mn after a sharp decline. His crypto proceeds include over $33mn in bitcoin and more than $150mn via the Ethereum blockchain, aligning with his 2024 campaign pledge to make America a bitcoin superpower.

White House spokesperson Anna Kelly dismissed the disclosures, saying the president and his family have never engaged in conflicts of interest. Investors now face heightened scrutiny of Trump’s asset allocations, especially in digital assets that have seen volatile swings. The revelations underscore the need for tighter oversight of presidential financial disclosures to protect market integrity.

Crypto investors track Trump’s holdings closely, as his token valuations influence secondary market sentiment. The 2024 election cycle will likely amplify scrutiny of his crypto positions, potentially affecting token liquidity and price stability. Market analysts warn that sudden divestments could trigger price swings, underscoring the importance of transparent ownership reporting.