• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

President Nets $620M Boost, Crypto Now 9% of His Fortune

July 3, 2025
in Australian Crypto News
Reading Time: 3min read
0 0
A A
0
President Nets $620M Boost, Crypto Now 9% of His Fortune
0
SHARES
2
VIEWS
ShareShareShareShareShare
  • Donald Trump’s personal wealth has surged US$620 million (AU$942m) over the past few months, driven largely by his family’s booming crypto projects, World Liberty Financial and the memecoin $TRUMP, Bloomberg reports.
  • Bloomberg’s estimate excludes a number of crypto investments, including the Trump family’s stakes in Metaplanet and Kalshi, income from its USD1 stablecoin, and its unvested tokens — if these were included Donald Trump crypto fortune could be substantially higher. 
  • Democrat lawmakers have repeatedly sought to limit or ban the Trump family’s ownership and promotion of cryptocurrencies, but as yet no legislation has passed into law.

It’s estimated that Trump family crypto projects have boosted US President Donald Trump’s personal wealth by at least US$620 million (AU$942m) in just the last few months, as reported by Bloomberg on July 2. As of June 2025, the Trump family’s crypto projects now account for around 9% of Donald Trump’s personal wealth.

To put the President’s crypto gains in context, real estate licensing deals — previously the Trump Organisation’s bread-and-butter — accounted for a relatively measly US$34 million (AU$51.7m) in revenue last year.

Donald Trump’s officially-disclosed personal net-worth has actually declined from US$6.5 billion to US$6.4 billion (AU$9.7b) since he returned to the presidency — but these figures exclude the money coming in from the family’s crypto projects and some other sources.

Most of Donald Trump’s assets are currently held in a trust administered by his son, Donald Trump Jr., but the President continues to personally benefit from these assets. For the sake of their estimate, Bloomberg “rolls up the family’s various interests to the patriarch”.

Related: Eric Trump Confirms WLFI’s Strategic Investment in TRUMP Meme Coin

$WLFI Token Sales Biggest Earner for Trump

World Liberty Financial (WLFI), the Trump family’s DeFi project, accounts for the majority of President Trump’s crypto profits — with some US$390 million (AU$593m) flowing to the family from token sales alone. The Trump family also holds 22.5 billion WLFI tokens, which are currently valued at over US$2 billion (AU$2bn), but these were excluded from Bloomberg’s calculations because these tokens are supposedly non-transferable. Though there is talk that will soon change. 

The Trump family also recently sold a third of its WLFI token stash, reducing its overall ownership from 60% to 40%. However, it’s not clear who bought these tokens or how much they paid.

The other major contributor to Trump’s crypto earnings was his personal memecoin, $TRUMP. The Trump Organization directly owns 40% of the total supply of $TRUMP which Bloomberg valued at around US$150 million (AU$228m). This figure excludes the almost 800 million locked coins valued at a whopping US$7 billion (AU$10.6bn) which will gradually be vested over the next 3 years, starting later this month.

Bloomberg excluded the WLFI-related stablecoin USD1 from its wealth calculations due to its highly speculative nature, but said its circulation of 2.2 billion would likely earn WLFI about US$100 million (AU$152m) over the next year.

Bloomberg’s calculation of Trump’s crypto windfall also excludes some of the family’s crypto investments with too little publicly available information to make accurate value estimates. These excluded investments include the Trump family’s stakes in Bitcoin stockpiler Metaplanet and the web3 betting platform Kalshi.

The Trump family continues to expand its crypto-related business interests: it now has a 20% stake in the Bitcoin mining operation, American Bitcoin, which is expected to launch an initial public offering (IPO) later this year.

Related: Trump Teases More Crypto Action in Prerecorded Coinbase Summit Address

Democrats Look to Curtail Trump Crypto Profiteering

Democrat lawmakers have launched numerous attempts to limit, or outright ban, what they say is the Trump family’s brazen monetisation of the presidency through its crypto projects.

Several Democratic legislators have proposed an amendment to the GENIUS Act which would see senior government officials, including the President and his family banned from owning and promoting cryptocurrencies. 

Last month Democratic Senator Adam Schiff introduced the Curbing Officials’ Income and Non-disclosure (COIN) Act, which sought to impose “commonsense guardrails” around the use and ownership of digital assets by government officials and their immediate families.

There was even an attempt by Oregon Democratic Senator Jeff Merkley to amend the ‘One Big Beautiful Bill’ earlier this week, as he too sought to prevent senior government officials, including the president and vice-president, from owning and promoting cryptocurrencies.

So far no legislation that would specifically limit Donald Trump and his family’s ability to profit from cryptocurrency projects has passed into law.

Credit: Source link

ShareTweetSendPinShare
Previous Post

BlackRock’s IBIT Tops S&P 500 Giant in Fee Take

Next Post

SIFMA Calls on SEC to Shut Door on Tokenised Equities Without Public Review

Next Post
SIFMA Calls on SEC to Shut Door on Tokenised Equities Without Public Review

SIFMA Calls on SEC to Shut Door on Tokenised Equities Without Public Review

You might also like

TVL Spikes 23% In Less Than Two Weeks

TVL Spikes 23% In Less Than Two Weeks

March 12, 2026
Cardano’s ADA Now Accepted at Swiss Spar Supermarkets Through DFX Integration

Cardano’s ADA Now Accepted at Swiss Spar Supermarkets Through DFX Integration

March 6, 2026
XRP Price To New All-Time High? Analyst Says $5.8 Is Possible Following ‘Golden Cross’

XRP Whale Outflows Continue On Binance — What’s Happening?

March 7, 2026
Arthur Hayes Deploys Net Liquidity Strategy: Not Buying BTC Now Even If He Has Only $1

Arthur Hayes Deploys Net Liquidity Strategy: Not Buying BTC Now Even If He Has Only $1

March 11, 2026
Uniswap (UNI) Price Rallies 6.53% – Is Now the Time to Buy? Comprehensive Analysis & Trading Insights

LDO Price Prediction: Targets $0.32 Breakout as Technical Indicators Signal Potential Recovery

March 7, 2026
Solana (SOL) Tumbles to $80, Traders Watch Critical Support Defense

Solana (SOL) Tumbles to $80, Traders Watch Critical Support Defense

March 9, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Ethereum Price Sinks To $2,800, Raising Fresh Downside Fears

Ethereum Price Struggles Near Highs — Reversal Risk Rising

March 12, 2026
US Inflation Unchanged in February as Bitcoin Holds $70K

US Inflation Unchanged in February as Bitcoin Holds $70K

March 12, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.