Key facts
- President Donald Trump received over $1.4 billion from his family's crypto projects in the past year.
- Financial disclosures indicate a significant portion of these crypto proceeds were invested in stocks and bonds.
- Trump's holdings in traditional financial instruments increased substantially, at least fourfold, over two years.
- Trump still holds 15.75 billion World Liberty crypto governance tokens, valued at over $50 million.
- Trump companies held at least $160 million in bitcoin and ether at the end of last year.
President Donald Trump received over $1.4 billion last year from his family's cryptocurrency projects, including World Liberty Financial and a Trump meme coin, according to his latest financial disclosures. Despite publicly promoting digital assets, a significant portion of these proceeds were invested in traditional financial instruments like stocks and bonds, filings show.
A Reuters analysis of Trump's holdings over the past two years indicates his portfolios of stocks and bonds increased at least fourfold as crypto money entered. His holdings in these traditional assets ranged between $703 million and $2.6 billion at the end of last year, compared to $225 million to $608 million at the end of the previous year.
While Trump retains some crypto holdings, including 15.75 billion World Liberty tokens valued at over $50 million, experts suggest his personal strategy involves profiting from crypto sales and reinvesting in safer assets. His companies also held at least $160 million in bitcoin and ether at the end of last year, a substantial increase from previous holdings.
Trump's children, Eric and Donald Trump Jr., who manage his trusts and advocate for crypto projects, did not comment on the president's investment strategy. Eric Trump has been a vocal proponent of Bitcoin, predicting significant future value increases. A spokesperson for World Liberty stated their belief in digital asset technology for the future of financial services.
This financial activity contrasts with the steep losses experienced by retail buyers in four main Trump-backed crypto projects, which amounted to $2.3 billion as of April. The Trump Organization stated its financial disclosure demonstrates a strong financial position with valuable assets and substantial liquidity.