Former President Donald Trump generated more than $1bn in revenue from cryptocurrency-related businesses in 2025, according to newly released financial disclosure forms. The filings, obtained by the non-profit watchdog Center for Responsive Politics, reveal that Trump's crypto ventures—including a digital token project and a trading platform—accounted for a significant portion of his income last year.
Details of Trump's Crypto Earnings
The disclosures show that Trump's crypto holdings and business interests earned him approximately $1.2bn in 2025. This includes revenue from his Trump Digital Trading Cards NFTs, a decentralized finance platform called World Liberty Financial, and other undisclosed crypto assets. The filings were submitted to the Office of Government Ethics as part of Trump's presidential campaign disclosures.
According to the Center for Responsive Politics, Trump's crypto earnings represent a dramatic increase from previous years, when his digital asset income was negligible. In 2024, Trump reported less than $10m from crypto-related sources.
Impact on Campaign and Industry
The revelation has sparked debate about potential conflicts of interest, as Trump has vowed to make the United States the "crypto capital of the planet" if elected. Critics argue that his personal financial stake in the industry could influence his policy decisions. "It raises serious questions about whether his policies would serve the public interest or his own pocketbook," said Jordan Libowitz, communications director for Citizens for Responsibility and Ethics in Washington.
Trump's campaign has defended the earnings, stating that the former president "is a successful businessman and his financial success is a testament to his leadership." The campaign added that Trump would divest from his businesses if elected, though no specific plan has been outlined.
Broader Context of Crypto in Politics
Trump's crypto earnings come amid a broader surge in political engagement from the digital asset industry. In 2025, crypto companies spent over $100m on lobbying and political donations, making them one of the largest donors in federal elections. Trump has positioned himself as a pro-crypto candidate, promising to fire SEC Chair Gary Gensler and create a national bitcoin reserve.
The disclosure also highlights the growing wealth of political figures from digital assets. Several members of Congress have reported significant crypto holdings, prompting calls for stricter ethics rules. However, no federal law currently requires candidates to divest from crypto holdings.
