President Donald Trump’s deepening involvement in cryptocurrency has added nearly $3 billion to his net worth in just six months, according to a new report by the watchdog group State Democracy Defenders Action.
Much of the windfall stems from Trump-themed meme coins like $TRUMP and $MELANIA, as well as the launch of World Liberty Financial — a crypto exchange with a 60% ownership stake held by Trump family entities. The company also controls over 22 billion $WLF tokens and earns a 75% cut of future token revenues.
This week, World Liberty announced a massive $2 billion investment from Abu Dhabi–based firm MGX into its stablecoin “USD1,” expected to further boost the Trump family’s financial gains — though exact benefits remain undisclosed.
Since returning to office, Trump has championed crypto regulation rollbacks and even pardoned the founders of BitMEX, a crypto exchange previously charged with facilitating money laundering. His administration has also paused SEC investigations into multiple crypto firms.
Critics, including former Treasury ethics counsel Virginia Canter, argue Trump is exploiting the presidency for personal profit, noting that prior presidents placed assets in blind trusts — a step Trump has refused to take.
World Liberty, branded as “inspired by Donald J. Trump,” lists Trump as its “chief crypto advocate,” with his sons serving as Web3 ambassadors. Trump Jr. promoted the project at a major blockchain summit in March.
Meanwhile, Trump’s crypto policies — including the creation of a strategic crypto reserve — have coincided with spikes in the value of his coins. A single Truth Social post praising $TRUMP raised the token’s price by 12%.
The president’s next financial disclosure is due May 15, which may shed more light on the scope of his crypto holdings — if at all.