Key Points

Former President Donald Trump has dramatically entered the cryptocurrency market through World Liberty Financial, earning an impressive $57.4 million in 2024. The venture, co-founded with Steven Witkoff, involves a stablecoin called USD1 and aims to revolutionize financial accessibility through blockchain technology. Trump's sons - Eric, Donald Jr., and Barron - are also co-founders of this innovative digital asset platform. The company's strategic positioning reflects Trump's broader interest in positioning the United States as a global leader in digital asset strategy.

Key Points: Trump Earns $57.4M from Crypto Venture World Liberty Financial

  • Trump co-founded World Liberty Financial cryptocurrency venture
  • Earned $57.4M through token sales in 2024
  • Sons involved as co-founders
  • Launched stablecoin USD1 tied to dollar
2 min read

Donald Trump earned nearly $57.4 million from crypto venture in 2024

Donald Trump's cryptocurrency company World Liberty Financial generates massive earnings, revealing new financial venture in digital assets market

"Our goal is to create a fairer system where opportunity isn't limited by location, status, or permission - World Liberty Financial Website"

New Delhi, June 15

US President Donald Trump made nearly $57.4 million in 2024 from his cryptocurrency company, World Liberty Financial (WLF), according to a new government report.

The earnings were revealed in a 234-page official US Government Ethics report released for the year ending December 31, 2024.

The report stated that Trump earned this income through 'token sales' from the company, which is involved in the cryptocurrency business.

The 79-year-old Republican is listed as the Co-Founder Emeritus of WLF, while his sons -- Eric Trump, Donald Trump Jr., and Barron Trump -- are also co-founders of the venture.

The company was co-founded by Trump and Steven Witkoff, a well-known American real-estate investor and lawyer.

According to the filing, Trump mainly owns the WLFI protocol and governance platform.

He also controls the token treasury, digital wallets, and the intellectual property of the company.

The document noted that as of the end of 2024, he had certain service agreements with the original founders of World Liberty Financial.

The asset was listed under Miami, Florida. World Liberty Financial runs a stablecoin called the World Liberty Financial Token (USD1), which is tied to the US dollar.

As of Sunday, June 15, 2025, the token was trading 0.35 per cent higher at $1, according to CoinMarketCap.

According to exchange data, the token reached its all-time high of $1.01 on May 12, 2025, while its lowest level was $0.991 on April 16, 2025.

The company claims that its mission is to make financial services more accessible by using open, blockchain-based infrastructure.

"Our goal is to create a fairer system where opportunity isn't limited by location, status, or permission," says the WLF website.

World Liberty Financial earns money through the sale of its token USD1 and other related products.

Additionally, in March 2025, President Trump signed an executive order to create a "Strategic Bitcoin Reserve and a US Digital Asset Stockpile" as part of his push to position the United States as a global leader in digital asset strategy.

- IANS

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Reader Comments

R
Rajesh K.
Interesting how politicians globally are jumping into crypto. In India, we've seen mixed signals from RBI about digital currencies. Maybe our leaders should take notes on how to regulate this space properly. But $57 million is no small amount! 🤯
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Priya M.
While Trump's crypto success is impressive, I wonder about the risks. Remember when our Finance Minister warned about crypto volatility? Hope Indian investors don't blindly follow such examples. Our markets need stability, not hype.
A
Amit S.
Stablecoins pegged to USD make sense for Americans, but we need India-focused solutions. Our UPI is already world-class - maybe we should focus on integrating blockchain with existing systems rather than copying Western models.
S
Sunita R.
The digital rupee is coming soon! Hope our government learns from such international examples. But please, no political families controlling crypto ventures here - that's asking for trouble. Keep business and politics separate.
V
Vikram J.
As someone who lost money in the Bitcoin crash, I'm skeptical. When powerful people promote crypto, small investors often suffer later. RBI's cautious approach might be better for common people like us. What do you think?
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Neha T.
The technology is promising but the timing is suspicious. Just before elections, such news comes out? Whether US or India, politicians using business ventures for image-building isn't new. Focus should be on real financial inclusion, not PR stunts.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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