Donald Trump, the former U.S. president, is actively investing in cryptocurrency and DeFi, earning over $600 million from his projects.
Trump’s Earnings from World Liberty Financial
According to financial disclosures, Trump earned over $57 million from the World Liberty Financial project, which supports decentralized finance. The project raised $550 million from investors in just a few months, and Trump's stake consists of 15.75 billion governance tokens.
Trump’s Meme Cryptocurrency: $320 Million
The meme cryptocurrency branded as $TRUMP has reportedly earned about $320 million since its launch. While the exact breakdown of how that income is shared remains unclear, the token's success reflects growing use of cryptocurrency as a branding tool.
Trump’s Crypto Assets and Their Implications
The disclosure lists connections to several digital assets through holding companies like CIC Digital LLC and CIC Ventures LLC. This includes NFTs, Bitcoin mining, and crypto ETFs. Potential conflicts of interest have drawn criticism, especially given possible shifts in U.S. policy on cryptocurrencies.
Trump is making significant strides in the crypto industry, which raises discussions about ethics and potential conflicts of interest. However, his efforts demonstrate the seriousness of his intentions in this field.
