President Trump earned just over $635 million from his meme coin alone, coming almost exclusively from the royalties related to a licensing agreement with Celebration Coins, according to the filing. The meme coin, which trades as TRUMP, launched on the Solana network just days prior to Trump retaking office in January 2025. It rocketed up to a multi-billion-dollar market capitalization within hours of launch, but fizzled in the days and weeks that followed. The coin currently trades for $1.66, at a $394 million market cap, down roughly 98% from the all-time high it hit on January 19, 2025.
The president also reported more than $588 million in net proceeds from token sales distributed by World Liberty Financial, a decentralized finance and stablecoin venture operated by the Trump family and business associates.
Today’s filing follows a prior disclosure in May that revealed the president’s gains from the trading of securities, including various crypto-related stocks, such as Robinhood and Coinbase.
Trump’s crypto ventures remain a point of contention among American lawmakers, including top Democrats who stand opposed to the passage of the crypto-focused Clarity Act. The bill, which passed in the House but remains in limbo in the Senate, would legalize most crypto activity in the United States. Democrats opposed to the bill have argued, however, that the bill should not be passed without the inclusion of ethics language that bars the president and his family from engaging in cryptocurrency-related businesses.
decrypt.co
