Trump made over $1 billion on crypto ventures last year, disclosure shows

President Trump earned more than a billion dollars from crypto-related ventures alone last year, according to a financial disclosure released Tuesday, including from his meme coin business and his family's cryptocurrency exchange. Mr. Trump reported $635 million in royalties from a company that issues $TRUMP, a crypto token that he launched three days before taking office for his second term. The "meme coin" — a type of crypto asset typically used for commemorative purposes or comedic value, not as a currency — reached its peak value of $74.24 within a day of launching. On Tuesday evening, its price was $1.67, according to Coinbase. The president also reported more than $500 million in income from token sales by World Liberty Financial, a cryptocurrency company backed by the president and his family, and around $65 million from equity sales in the firm that controls World Liberty Financial. Some $196 million in equity sales of Stablecoin Holdco LLC are also listed. A crypto exchange and issuer of tokens, World Liberty Financial was launched during the 2024 presidential campaign. It was co-founded by the president, his sons Eric and Donald Jr. and Zack and Alex Witkoff, the sons of U.S. special envoy and longtime Trump friend Steve Witkoff. World Liberty Financial's ventures include USD1, a "stablecoin" pegged at $1 per coin that's designed to serve as a store of value. …