The US government’s Office of Ethics released Donald Trump’s 2025 financial statement, which showed that crypto-related projects had brought him at least $1.4 billion in revenue. This sum exceeds the income from his traditional business in real estate and resorts.

Key to these revenues were the $TRUMP mega-coin and the World Liberty Financial project. About $635 million in royalties under the licensing agreement with Celebration Coins, over $520 million in proceeds from the sale of World Liberty Financial tokens, another ~$65 million from the sale of a controlling company’s stake, and nearly $197 million in net proceeds from the USD1 token deal. It is difficult to accurately assess Trump’s digital-asset position: the declaration uses ranges with an upper bound of "over $50 million."

The publication of the document intensified criticism against the administration for possible conflict of interest. In 2025, the White House was actively promoting crypto-friendly policies, including regulatory relaxation and support for bills on stablecoins. Deputy Press Secretary Anna Kelly dismissed the allegations, stating that "neither the president nor his family ever had or will have any conflicts of interest". Yet the Democrats continue to insist on a systematic disregard for the ethics associated with the head of state’s crypto business.