Donald Trump's recent financial disclosure reveals a substantial $57,437,927 income tied to World Liberty Financial, a DeFi project launched in September 2024. The disclosure was formally filed with the US Office of Government Ethics. Perhaps most importantly, it signals toward his growing digital asset footprint as well as his increasing participation within the crypto space. World Liberty Financial dabbles in DeFi and dollar-pegged stablecoins. It has raised more than $550 million from the likes of Peter Thiel and other savvy investors and bills itself as the challenger to the traditional financial system.
Her recent disclosure sheds new light on Trump’s financial connections to the emerging DeFi industry. How is this affecting the valuation of his digital assets, and their upcoming monetization?
Trump's Token Holdings and Voting Rights
In fact, Trump’s stake in World Liberty Financial includes 15.75 billion governance tokens — giving him governance voting rights within the DeFi project. This impactful holding indicates the SWP has enough leverage to ensure they have significant say over the future direction of the project. How involved Trump is in the day-to-day governing of World Liberty Financial is unknown.
He’s less of a dollar-dispensing benefactor of the initiative. His continued high-profile engagement would allow him to be an important and influential player in defining its strategic priorities. Shortly after the company’s founding, Trump endorses World Liberty Financial with his sons Donald Jr. and Eric.
Scrutiny and Certification of Disclosure
The 2025 public financial disclosure, filed with the US Office of Government Ethics, includes Trump's certification that the information is "true, complete, and correct to the best of his knowledge."
"true, complete, and correct to the best of his knowledge" - Donald Trump
This comment highlights the legal and moral duties tied to this disclosure. The Office of Government Ethics just finished reviewing the draft. Then, they will evaluate the accuracy and completeness of that data.
Trump's Broader Digital Asset Portfolio
Beyond World Liberty Financial, Trump maintains roles in various holding companies tied to digital ventures, including CIC Digital LLC and CIC Ventures LLC. This exacerbates the fact that income from these entities is currently non-existent or dormant. Their presence is a bellwether for a larger approach to how to interact with digital assets and emerging technologies. That disclosure suggests that Trump has already begun to profit off of at least part of his ownership interest in World Liberty Financial. It contends that the tokens were assigned a high internal valuation for purposes of disclosure.
