President Donald Trump's Cryptocurrency Investment Increases Family Wealth by $2.9 Billion in the Last Six Months
May 3, 2025, Washington – According to a CBS News report, a new claim has emerged stating that President Donald Trump’s investments in the cryptocurrency sector have increased his family’s wealth by $2.9 billion in the past six months. At the same time, his administration has also been following a policy of loosening government regulations in the digital currency industry.
According to a report from the organization State Democracy Defenders Action, President Trump's cryptocurrency assets now make up about 40% of his total wealth, amounting to approximately $2.9 billion. The primary sources of this increase include the $TRUMP and $MELANIA meme coins created in Trump and Melania’s names, as well as large shares in World Liberty Financial, a crypto exchange linked to the Trump family.
World Liberty Financial was launched in October 2024. According to the company’s website, a Trump family entity owns 60% of the company. The Trump family holds 22.5 billion $WLF tokens and receives 75% of the net revenue from future token purchases.
Recently, a UAE-based company, MGX, announced a $2 billion investment in a Trump-associated crypto fund. The money will be used to purchase a stablecoin called USD1, which will then be invested in the world’s largest cryptocurrency exchange, Binance.
World Liberty claims this is the "largest single investment ever made in a crypto company." However, they did not comment on the financial gains of the Trump family.
In response to CBS News' request for comments, the President's office stated, “Report on the issues that people are interested in,” and provided links to some technology-focused White House initiatives.
According to CBS analysis, since President Trump's inauguration, the Securities and Exchange Commission (SEC) has suspended investigations into at least a dozen cryptocurrency companies.
Virginia Cantor, who served as Senior Ethics Counsel in the U.S. Treasury Department under both Republican and Democratic administrations and is a co-author of this report, said:
“Unlike any other modern president, who would have sold their assets or placed them in a blind trust, President Trump has not done so, and now it seems he is fully focused on the cryptocurrency sector in his second term.”
Under the Trump administration, he issued several executive orders that supported the expansion of digital currencies, including instructions for the establishment of a strategic cryptocurrency reserve.
Additionally, he pardoned the three founders of the BitMEX cryptocurrency exchange, who had admitted to failing to prevent money laundering in 2022.
The value of the $TRUMP coin has also fluctuated based on Trump’s policy decisions and social media posts. After an executive order in March, the coin’s value increased by 18.1%. Later, he posted on Truth Social:
“I Love $TRUMP– SO COOL!! The Greatest of them all!!!!”
This caused the coin’s price to rise from $10.93 to $12.24.
Through $TRUMP trading, Trump’s business made nearly $100 million in just two weeks, according to Reuters analysis.
World Liberty Financial: Trump Family’s Crypto Exchange
One of the Trump family’s most profitable ventures recently may be World Liberty Financial, a decentralized (DeFi) crypto exchange.
Trump himself launched it in October 2024 and declared himself as the "Chief Crypto Advocate." His sons, Eric, Donald Jr., and Barron Trump, were listed as "Web3 Ambassadors."
In March, Donald Jr. stated at the DC Blockchain Summit:
“I am really excited about how important this initiative will be for the future of banking and financial systems.”
The platform allows investment by purchasing $WLFI tokens, but these tokens are currently non-redeemable, meaning once bought, they cannot be returned.
The company stated that 85,000 investors have completed the "Know Your Customer (KYC)" process, and a third-party auditing firm will verify accounts for the U.S. stablecoin project.
It is worth noting that, as President, Trump is not subject to the Criminal Conflict of Interest Law, but under the Ethics in Government Act, he is required to disclose his financial information. The deadline for submitting his next financial disclosure is May 15, 2025.