President Donald Trump's 2025 financial disclosure reveals he earned approximately $57.3 million in 2024 from his stake in World Liberty Financial (WLFI), a decentralized finance (DeFi) project. This income primarily came from token sales associated with the project.
World Liberty Financial is identified as a prominent DeFi initiative involving blockchain-based financial activities without traditional intermediaries. The disclosure highlights Trump's holding of 15.75 billion governance tokens in WLFI, conferring significant voting rights. His sons—Donald Jr., Eric, and Barron—are actively promoting the project. Major investors include Justin Sun, who contributed $75 million.
WLFI has raised over $550 million through token sales, with its USD1 stablecoin seeing rapid adoption and a circulation reaching $2.1 billion. The project's integration with Ethereum's ecosystem marks a strategic shift towards institutional adoption.
This significant involvement by a high-profile political figure emphasizes the growing integration of digital assets into mainstream finance and politics, raising questions about transparency, ethical considerations, and regulatory impacts within the crypto space.
Importantly, Trump's disclosed earnings do not cover his involvement with the TRUMP memecoin, which will appear in future disclosures.