Trump Earned $57 Million from WLFI Token Sales While SEC Clears the Path for Future Bitcoin Investments

Trump’s Crypto Empire and Earnings

Former U.S. President Donald Trump reportedly raked in an impressive $57.4 million in 2024 from his family-linked crypto firm, World Liberty Financial (WLFI), as revealed in a recent federal financial disclosure.

The report, published by the Office of Government Ethics, highlights Trump's significant involvement in the crypto space, with his personal cryptocurrency holdings estimated between $1 million and $5 million.

In addition to these earnings, the disclosure revealed that Trump owns 15.75 billion World Liberty governance tokens, which may allow him to assert voting rights in the crypto project. These tokens were valued at between $1,001 and $15,000. This ownership underscores Trump’s direct influence over the governance of WLFI, further solidifying his position in the crypto industry.

The earnings from WLFI were not the only source of income for Trump in the digital assets sector. He also generated $1 million from licensing fees for NFTs and over $11 million in royalties tied to branded merchandise, including books, sneakers, fragrances, and watches.

SEC Filing Opens Door for Bitcoin Investments

In a significant move, the U.S. SEC has declared effective a filing for Trump Media and Technology Group (TMTG), which is majority-owned by Trump. This filing clears the way for the company to execute a major Bitcoin treasury plan.

TMTG has raised $2.5 billion in capital from approximately 50 institutional investors, which can now be used to purchase Bitcoin. The prospectus states that the company will acquire Bitcoin and related holdings “in the amounts and on the timeline it deems optimal.”

Interestingly, the filing also includes a $12 billion universal shelf registration, allowing TMTG to issue stock, debt, or warrants at any time. This flexibility could enable the company to adapt its investment strategy based on market conditions.

The firm has also registered 84.7 million shares held by early investors for resale, representing about half of the public float and 30% of all shares outstanding.

The firm's prospectus also outlines:

• Its Bitcoin strategy could include purchasing Bitcoin-related securities or selling Bitcoin under specific market conditions, with proceeds reinvested in assets such as cash or interest-bearing investments.

• This approach aligns with its broader fintech ambitions, including the recent launch of its financial services and fintech brand, Truth.fi.

World Liberty Financial’s Role in Trump’s Wealth

World Liberty Financial, a crypto firm tied to Trump’s family, has significantly contributed to their recent financial gains, with WLFI token sales alone bringing in $57.4 million. This success aligns with regulatory shifts, as the SEC’s recent actions appear to open the door for broader crypto adoption, potentially benefiting the Trump family’s ventures further.

By contrast, Vice President JD Vance’s financial disclosure shows no crypto holdings, highlighting the Trump family’s aggressive approach to digital assets compared to Vance’s conservative stance.