Be a part of Our Telegram channel to remain updated on breaking information protection
US President Donald Trump and his household earned greater than $1 billion in pre-tax earnings from their cryptocurrency ventures over the previous yr, the Monetary Instances reported.
That $1 billion displays solely realized earnings, indicating that after good points on their crypto holdings from rising costs are factored in, the household probably earned far more, the FT’s story indicated.
Many of the earnings got here from the DeFi platform World Liberty Monetary and its USD1 stablecoin, the American Bitcoin mining agency, and sale of the TRUMP and MELANIA meme cash, the FT stated.
The TRUMP and MELANIA meme cash generated round $427 million in income, whereas WLFI token gross sales introduced in about $550 million, the FT stated. It added that World Liberty Monetary’s USD1 stablecoin has generated $2.71 billion.
When the Monetary Instances approached Eric Trump, one of many President’s sons, to ask whether or not the $1 billion calculation in pre-tax earnings was appropriate, he stated that the true determine was “most likely extra.”
”The guts of Trump’s newfound wealth is a quickly rising cryptocurrency empire constructed by the president and his household,” the FT story stated. ”This enterprise has already reaped greater than $1bn in pre-tax earnings over the previous yr, partially because of a crypto increase fuelled by the administration’s personal industry-friendly insurance policies.”
Crypto Belongings Additionally Enhance Trump Household’s Web Price
The paper added that crypto ventures have bolstered Trump’s web value on paper by billions of {dollars}, citing his stake in Trump Media & Expertise Group, the father or mother firm of Reality Social and a Bitcoin treasury agency, is value $1.9 billion
There have additionally been strategic strikes made by different corporations linked to the Trumps. Certainly one of these strikes is Trump Media’s partnership with crypto change Crypto.com. Trump Media additionally introduced a $2.5 billion elevate in Could so as to add Bitcoin to its stability sheet.
Based on information from Bitcoin Treasuries, Trump Media is at the moment ranked because the eight-biggest BTC treasury agency globally with 15,000 Bitcoins on its stability sheet.
Prime 10 largest company Bitcoin holders (Supply: Bitcoin Treasuries)
Its present holdings rank it above Coinbase, which is without doubt one of the largest crypto exchanges within the US. Trump Media additionally holds extra BTC on its books than crypto miners CleanSpark and Hut 8 Mining. It even holds extra BTC than Elon Musk’s Tesla, which has reserves of 11,509 BTC.
Trump Delivers On Promise To Change into Crypto President
Trump has pivoted from a crypto skeptic throughout his first time period within the White Home to calling himself ”crypto president” this time round. Throughout his marketing campaign, he made a collection of guarantees to the digital asset {industry} in a push to make the US the “crypto capital” of the world.
He’s delivering on these guarantees. In the beginning of the yr, he signed a invoice to determine a US Strategic Bitcoin Reserve. He additionally signed the GENIUS Act, a regulatory framework for stablecoins, into regulation in July.
Right this moment, President Trump signed the GENIUS Act into regulation, a historic piece of laws that may pave the way in which for the U.S. to guide the worldwide digital foreign money revolution. pic.twitter.com/UCha4xpYZM
— Treasury Secretary Scott Bessent (@SecScottBessent) July 18, 2025
Battle Of Curiosity?
Critics together with Democratic lawmaker Elizabeth Warren have known as for an investigation into President Trump and and his household for potential battle of curiosity.
Early this month, Donald Trump Jr. known as these claims “full nonsense,’’ arguing that his father doesn’t monitor such investments.
“I don’t assume anybody really believes that my father…can be taking a look at ledgers on the blockchain to see who purchased what, and that carrying any form of favor,” he stated.
Associated Articles:
Greatest Pockets – Diversify Your Crypto Portfolio
- Simple to Use, Function-Pushed Crypto Pockets
- Get Early Entry to Upcoming Token ICOs
- Multi-Chain, Multi-Pockets, Non-Custodial
- Now On App Retailer, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Month-to-month Lively Customers
Be a part of Our Telegram channel to remain updated on breaking information protection