Trump family saw $620 million from crypto venture proceeds in recent months: report

The Block

2025-07-03 01:09:59

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While President Donald Trump's net worth largely remains unchanged at $6.4 billion, cryptocurrency endeavors now make up an estimated $620 million of his and his family's fortune, according to an updated version of the Bloomberg Billionaires Index.

Prior reports estimated that Trump brought in over $600 million in income from cryptocurrency, golf clubs, licensing, and other enterprises. However, this appears to be the first accounting of the Trump family's expanding list of cryptocurrency ventures, including their various NFT collections, decentralized finance project World Liberty Financial, and memecoins, among other projects.

Bloomberg calculated that the Trump family received $390 million from World Liberty's token sale and an additional $150 million from the Official Trump memecoin launch in January. Trump's crypto wealth may also continue to grow as additional efforts play out.

For instance, the Trump family and their partners maintain a 20% stake in the mining firm American Bitcoin, which is expected to go public through a merger with Gryphon Digital Mining. American Bitcoin, a joint effort formed with Bitcoin mining firm Hut 8 and computing infrastructure company America Data Centers, plans to build a Bitcoin treasury using tokens it produces.

Official Trump, the president's memecoin, is trading at $8.72 per token and saw $178.3 million in trading volume over the past 24 hours, according to The Block's TRUMP Price Page. The token reached a market cap of about $9 billion within three hours of its launch in January, but this figure has since fallen to $1.7 billion as of writing.

In May, Trump drew criticism after he held a dinner for the top holders of the TRUMP memecoin, such as Tron founder Justin Sun and Kronos Research chief operating officer Vincent Liu.

Trump's earliest crypto ventures include a series of branded digital trading cards. His first NFT collection launched in 2022, offering 45,000 blockchain-based collectibles for $99 per token. In 2024, around the time his fourth series launched, Trump disclosed he had made more than $7 million from NFTs and held approximately $5 million worth of ETH.

World Liberty launched the stablecoin USD1 in March and is reportedly building a crypto wallet. The token helped close the historic $2 billion investment into the crypto exchange Binance from MGX and has a market capitalization of $2.2 billion, according to data from CoinMarketCap.

According to Arkham, World Liberty maintains a crypto reserve worth over $182 million of crypto assets primarily based on Ethereum.

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