How Donald Trump and his family amassed hundreds of millions in cryptocurrency since returning to the White House, his networth and holdings will shock you
From hosting a private gala for prominent investors to introducing his own ‘meme money’ just before his inauguration and introducing the first US legislation on digital assets, Trump’s presidency has been linked to cryptocurrency more than any of his predecessors.
Cryptocurrencies or cryptos are digital tokens that use cryptography for security. These are largely unregulated and generally not backed by any underlying assets.
Chris Brycki, CEO of investment platform Stockspot, told ABC that cryptocurrencies are highly speculative and volatile, with their value driven largely by short-term market sentiment.
Breakdown of Trump’s cryptocurrency earnings
The White House says the president has distanced himself from his business activities since taking office and his assets are now held in a trust overseen by his children. It is difficult to understand how much of it is locked or on paper and how much of it has turned into liquid cash.
World Liberty Financial (WLFI), a cryptocurrency company largely owned by the Trump family, announced in March that it had raised $550 million ($840 million) through the sale of its governance tokens $WLFI in two separate offerings, according to the ABC website.
Days before his inauguration, Mr. Trump made headlines by launching a “meme coin,” a type of cryptocurrency inspired by internet memes, jokes or cultural trends, similar to Dogecoin. The $TRUMP meme coin was released just three days before Mr. Trump’s presidential inauguration.
It launched a total of $1 billion in TRUMP meme coins, 20 percent of which were offered to the public through an initial coin offering (ICO) and the remaining 80 percent of which was held by Trump-affiliated entities.
Reuters reported that crypto-related organizations linked to the US president made nearly $100 million in TRUMP transaction fees in less than two weeks after its launch. Trump Media and Technology Group (Trump Media) announced that it purchased approximately $2 billion in Bitcoin and Bitcoin-related securities.
Trump’s net worth increased from $2.3 billion to $5.1 billion in 2024, according to Forbes’ 2025 World Billionaires List.
The US president’s business activities during his time in office have come under intense scrutiny from global media, including ABC’s Americas editor John Lyons, who was recently reprimanded by Trump for raising questions on the matter. Democrats criticized the law, arguing that it effectively gave Mr. Trump the green light to continue profiting from cryptocurrency.
