White House rejects conflict-of-interest concerns as Trump earns $1.2bn from crypto ventures in 2025
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The White House said that Donald Trump has “proudly made the United States the crypto capital of the world” after the president recorded around $1.2bn in income from his family’s cryptocurrency activities.
In his second term, the president and his family have heavily invested in digital money and various crypto businesses, giving a substantial boost to his income.
According to a 927-page document released by the US Office of Government Ethics on Tuesday, Trump received nearly $550m from his ties to the startup World Liberty Financial in 2025.
World Liberty Financial (WLF) was co-founded in September 2024 by Trump’s sons and the son of Trump’s Middle East special envoy Steve Witkoff.
“Neither the president nor his family has ever engaged – or will ever engage – in conflicts of interest,” principal deputy press secretary Anna Kelly said in a statement to AFP, rejecting any ethical concerns.
Kelly said Trump had “proudly made the United States the crypto capital of the world.”
“All actions by president Trump and his administration are taken in the best interest of the American people – and any so-called reporters pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade,” Kelly added.
The filings also mention $635m in royalties received under a licensing agreement related to the $TRUMP cryptocurrency, launched just hours before the president’s inauguration in January 2025.
The president’s crypto activities are the main reason for the near tripling of his personal fortune, which rose from $2.3bn to $6.5bn between 2024 and 2026, according to Forbes.
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