Donald Trump Rakes in $57.4 Million from Cryptocurrency Venture in 2024
US President Donald Trump made nearly $57.4 million in 2024 from his cryptocurrency company, World Liberty Financial (WLF), according to a government ethics report. The earnings were primarily from token sales, and the company is co-founded by Trump and real-estate investor Steven Witkoff.
Donald TrumpCryptocurrencyWorld Liberty FinancialToken SalesStablecoinReal Estate NewsJun 15, 2025
The report stated that Trump earned this income through ‘token sales’ from the company, which is involved in the cryptocurrency business. The 79-year-old Republican is listed as the Co-Founder Emeritus of WLF, while his sons — Eric Trump, Donald Trump Jr., and Barron Trump — are also co-founders of the venture.
The company was co-founded by Trump and Steven Witkoff, a well-known American real-estate investor and lawyer. According to the filing, Trump mainly owns the WLFI protocol and governance platform. He also controls the token treasury, digital wallets, and the intellectual property of the company.
The document noted that as of the end of 2024, he had certain service agreements with the original founders of World Liberty Financial. The asset was listed under Miami, Florida. World Liberty Financial runs a stablecoin called the World Liberty Financial Token (USD1), which is tied to the US dollar.
As of Sunday, June 15, 2025, the token was trading 0.35 per cent higher at $1, according to CoinMarketCap. According to exchange data, the token reached its all-time high of $1.01 on May 12, 2025, while its lowest level was $0.991 on April 16, 2025.
The company claims that its mission is to make financial services more accessible by using open, blockchain-based infrastructure. “Our goal is to create a fairer system where opportunity isn’t limited by location, status, or permission,” says the WLF website. World Liberty Financial earns money through the sale of its token USD1 and other related products.
Additionally, in March 2025, President Trump signed an executive order to create a “Strategic Bitcoin Reserve and a US Digital Asset Stockpile” as part of his push to position the United States as a global leader in digital asset strategy.
Frequently Asked Questions
What is World Liberty Financial (WLF)?
World Liberty Financial (WLF) is a cryptocurrency company co-founded by Donald Trump and Steven Witkoff. It operates a stablecoin called the World Liberty Financial Token (USD1), which is tied to the US dollar.
How much did Donald Trump earn from WLF in 2024?
Donald Trump earned nearly $57.4 million from World Liberty Financial (WLF) in 2024, primarily through token sales.
Who are the co-founders of WLF?
The co-founders of World Liberty Financial (WLF) are Donald Trump, Steven Witkoff, Eric Trump, Donald Trump Jr., and Barron Trump.
What is the World Liberty Financial Token (USD1)?
The World Liberty Financial Token (USD1) is a stablecoin issued by WLF. It is tied to the US dollar and is designed to provide stability in the cryptocurrency market.
What is the mission of World Liberty Financial?
The mission of World Liberty Financial is to make financial services more accessible by using open, blockchain-based infrastructure, aiming to create a fairer system where opportunity isn’t limited by location, status, or permission.
Related News Articles
Luxury Living: Nadir Godrej Family Acquires Three Sea-View Apartments in Malabar Hill for Rs 180 Cr
Godrej family buys luxury apartments in Malabar Hill, Mumbai, for a staggering Rs 180 crore from JSW Group's real estate subsidiary.
Maharashtra Real Estate Appellate Tribunal Orders Sunteck Realty to Pay Rs. 21 Lakhs to Homebuyer for Delayed Possession
The Maharashtra Real Estate Appellate Tribunal has directed Sunteck Realty Limited to pay Rs. 21 lakhs to a homebuyer as interest for delayed possession of a flat in Mumbai.
Kumar Properties Lifespaces Bags Prestigious 'Greatest Brand and Leader 2023-24' Award
Kumar Properties Lifespaces, a renowned name in the Indian real estate sector, has been honored with the esteemed 'Greatest Brand and Leader 2023-24' award at a grand ceremony held in Dubai.
Industrial & Warehousing Lead with USD 2.5 Billion in Real Estate Investments for 2024
Gurgaon, 06 January 2025: Institutional investments in Indian real estate surged to a remarkable USD 6.5 billion in 2024, marking a 22% increase from the previous year's USD 5.4 billion. The industrial and warehousing segment dominated the market, capturi
Income Tax Seizes Benami Properties Linked to Pintail-Amravati Group
The Income Tax Department has attached prime land parcels and properties linked to the Pintail-Amravati real estate group. The investigation revealed that key individuals, including Chaturvedi and his network, may have been involved in a complex scheme to
Mumbai Housing Scam: ED Seizes Rs 19 Crore Assets Linked to Vivek Oberoi and Developers
The Enforcement Directorate (ED) in Mumbai has frozen Rs 19 crore worth of assets, including properties, linked to actor Vivek Oberoi and several real estate firms involved in a major housing scam.