U.S. President Donald Trump raked in a whopping $57.4 million in 2024 from his cryptocurrency business, World Liberty Financial (WLF), as per a newly released government ethics report.
The financial disclosure, as part of a wide array of 234-page submission for the calendar year ended December 31, 2024, outlined that Trump's profits came from sales of tokens in relation to the blockchain company.
Posted as the Emeritus Co-Founder of WLF, the 79-year-old Republican co-owns the venture with his sons—Eric Trump, Donald Trump Jr., and Barron Trump—who are all listed as co-founders. The company was founded in partnership with real estate tycoon and attorney Steven Witkoff.
The report also disclosed that Trump possesses a controlling interest in the WLFI protocol, including its governance platform. He further controls the firm's token treasury, digital wallets, and intellectual property portfolio.
Further information shows that Trump has service contracts with WLF's initial members, as documented in the asset listing located in Miami, Florida.
World Liberty Financial is popular for running a U.S. dollar-pegged stablecoin named the World Liberty Financial Token (USD1). The token had traded at $1 as of June 15, 2025, indicating a marginal increase of 0.35%, according to data provided by CoinMarketCap.
USD1 was at its highest value of $1.01 on May 12, 2025, and recorded its lowest value of $0.991 on April 16, 2025, based on market data.
The company presents itself as a champion of decentralized finance, and its mission is to expand access to financial services using blockchain technology. "Our goal is to build a more equitable system where opportunity isn't restricted by location, status, or permission," the WLF website declares.
The company earns its revenue mainly from the sale of USD1 tokens and crypto products related to them.
In a major policy initiative earlier this year, Trump signed an executive order in March 2025 to create a "Strategic Bitcoin Reserve and a US Digital Asset Stockpile." The move is part of his overall agenda to raise America's leadership position in the international digital asset universe.
Read also| Strong FX Inflows Push Reserves to $696.6 bn — Ends Week on Upbeat Note
Read also| India Pursues Strategic Engagement with China on Rare Earths, Says MEA
