U.S. President Donald Trump disclosed 57.35 million in income from token sales linked to World Liberty Financial, a decentralized finance (DeFi) platform he co-founded in 2024.
According to federal financial records filed last week, the income stemmed from the sale of tokens Trump received as a governance participant. He now owns 15.75 billion WLF tokens that provide him with considerable voting control over the business operation and overall management of the business.
World Liberty Financial Raised $1 Billion Through Token Sales
World Liberty Financial went public in September 2024 and completed two historic financings for sale of $550 million. The venture surpassed $1 billion in aggregate capital in token offerings in the private and public sector.
The tokens are being sold as “financial sovereignty tools,” in line with Trump’s brand model. His sons, Donald Jr. and Eric, had to promote the project to politically aligned mainstream investors, which was fueling the retail appetite.
Trump’s 2024 Gross Income Tops $600 Million
Trump made more than $600 million in gross revenue in 2024 from a mix of business activities, cryptos, and real estate investments. His signature properties, Trump National Doral and Mar-a-Lago, generated more than $160 million in gross revenue.
Additionally, Trump also revealed more than $1 million in Ethereum assets and $1.2 million in NFT revenue from selling digital collectible cards featuring his photo. Both represent a general change in Trump’s overall portfolio of investments to blockchain and digital ones.
Governance Role Raises Conflict of Interest Concerns
Trump’s stake in World Liberty Financial as a result of his leadership, as well as his campaign for the 2024 presidency, has drawn regulators and overseers to target their focus once more. According to them, the use of political power to secretly reap in crypto firms will be unsafe on both an ethical and regulatory basis.
Despite warnings, Trump’s digital ambitions are growing. Speculation of a Bitcoin ETF partnership with his media group and the establishment of a $2.5 billion war chest of Bitcoin are being realized, and Trump is now a serious political player in crypto finance.
