What is the story about?
A new Reuters investigation has revealed that the Trump Organization’s income skyrocketed 17-fold in the first half of 2025, largely due to the family’s
cryptocurrency ventures. According to the report, President Donald Trump and his sons, Eric and Donald Jr., have built a global crypto empire that has generated over $864 million in six months, compared to just $51 million during the same period last year.
A Crypto-Fueled Fortune
Of that total, $802 million, more than 90%, came from cryptocurrency projects, including sales of World Liberty Financial (WLFI) tokens and the Trump meme coin, according to Reuters’ analysis of presidential disclosures, property records, court-released financial documents, and blockchain trading data.
By comparison, the Trump family’s traditional income sources now pale in scale. According to Reuters, the family earned just $33 million from the president’s golf resorts and $23 million from licensing his name to overseas real estate developers.
The World Liberty Boom
The bulk of the Trump family’s newfound wealth stems from their flagship crypto venture, World Liberty Financial, a company co-founded by Donald Trump and his three sons. The firm’s website lists the president as “Co-Founder Emeritus” and his sons as active co-founders, alongside longtime Trump ally and developer Steve Witkoff.
Reuters found that $463 million came from World Liberty token sales, including $75 million from crypto entrepreneur Justin Sun and $100 million from the UAE-based Aqua1 Foundation. Another $336 million reportedly came from the Trump meme coin, though that estimate carries “a higher degree of uncertainty” due to the opaque nature of Trump’s crypto dealings.
Global Roadshow and Foreign Investors
Eric and Donald Trump Jr. have spent much of 2025 promoting World Liberty Financial across the Middle East, Asia, and Europe, hosting glitzy investor events and ringing the NASDAQ opening bell in August alongside Witkoff and other partners.
Reuters reported that foreign investors dominate the Trump crypto ecosystem, with 36 of the 50 largest token-holding wallets, valued at roughly $804 million, linked to overseas buyers.
Despite the enormous inflows, World Liberty Financial has yet to launch its promised peer-to-peer lending platform. For now, it primarily offers governance tokens and promotes a proposed stablecoin called USD1.
Ethics Concerns and White House Response
Ethics experts have called the Trump family’s crypto ventures an unprecedented conflict of interest, noting that the president profits directly from an industry he now helps regulate.
However, the White House rejected the claims. Press Secretary Karoline Leavitt dismissed previous reports of conflicts of interest as “fabrications,” insisting that “neither the President nor his family have ever engaged, or will ever engage, in conflicts of interest.”
World Liberty’s attorney, Timothy Parlatore, also denied wrongdoing, saying that suggestions investors are buying access to the president are “a complete lie.” He argued that secondary-market token trades “do not benefit the Trump family.”
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