NEW YORK – President Donald Trump generated nearly $1.2 billion from his cryptocurrency ventures last year, according to a federal disclosure made public Monday.
The businesses were still fledgling operations when Trump returned to office, but they have since grown large enough to surpass much of the revenue from the real estate holdings he spent decades building. Their rapid ascent was helped by two billionaire backers, as well as Trump’s decision to roll back a federal push to rein in the crypto sector.
The annual financial disclosure shows Trump received more than $500 million through World Liberty Financial, which sold new cryptocurrency offerings including “governance tokens.” A separate crypto operation, CIC Digital LLC, brought in more than $600 million from sales of collectible-style “meme” coins featuring Trump’s image.
Since those sales, both the tokens and the coins have fallen sharply in value.
Crypto’s surge within Trump’s business empire is notable because his long-standing property business also expanded quickly last year, signing licensing agreements in multiple countries during one of its largest overseas pushes. Several of those countries were also engaged in talks with the United States over tariffs, military assistance and other major policy issues.
