Trump disclosure shows $302M from family crypto firm

The Office of Government Ethics released a 927-page annual financial disclosure Tuesday showing President Donald Trump reported $301.85 million in crypto-related income tied to World Liberty Financial, the filing states. The report breaks that total into $65.6 million from the sale of equity in WLF Holdco and $236.25 million in token-sale proceeds distributed by World Liberty Financial.

The filing identifies World Liberty Financial as a decentralized finance firm linked to the Trump family. It lists cold-wallet holdings associated with the company that include bitcoin, ether, USDC, LINK, AAVE, ENA, MOVE and ONDO. The report records about $1.8 million in ether staking rewards tied to those assets.

Beyond the World Liberty Financial entries, the disclosure lists investments in mainstream and crypto-related firms. The report shows up to $100,000 in shares of the Coinbase exchange and multiple investments in Strategy, the company formerly known as MicroStrategy. The broader filing catalogs holdings across sectors, naming companies such as Domino’s Pizza, Costco, Victoria’s Secret, Lockheed Martin and large banks including JPMorgan.

Congress is debating a bill to regulate digital assets, and lawmakers have raised concerns about potential conflicts of interest. Some House and Senate Democrats are seeking an ethics provision that would restrict certain digital-asset transactions by the president, the vice president, members of Congress and other federal officials. Lawmakers have referenced the disclosure’s detailed accounting of token sales, cold-wallet assets and staking income during those discussions.

Vice President J.D. Vance’s annual financial disclosure, released the same day, totaled 17 pages and showed holdings of up to $500,000 in bitcoin.

Token-sale proceeds are funds raised when a company sells digital tokens to investors or users. Staking rewards are payments earned for participating in a blockchain network’s validation or consensus process. The filing lists those items as reportable sources of income alongside other investments and asset holdings.

The Office of Government Ethics provides annual disclosures to document the financial interests of senior officials. This year’s report lists specific crypto-related transactions tied to World Liberty Financial and other holdings as Congress continues work on digital-asset rules.