As cryptocurrency moved deeper into mainstream finance and politics in 2025, digital-asset ventures became a larger source of revenue for prominent investors and public figures. President Donald Trump’s latest federal financial disclosure, released June 30 by the U.S. Office of Government Ethics, shows his crypto businesses brought in more than $1.2 billion last year, outpacing income from the real estate empire that built his public brand.
Federal disclosure shows crypto became Trump’s biggest business line
Trump’s 2025 annual financial disclosure showed that his family’s crypto ventures generated more than $1.2 billion in income last year, according to Reuters, the Associated Press and the Washington Post. The biggest pieces came from World Liberty Financial, which the filing said produced more than $500 million, and CIC Digital LLC, which reported more than $600 million tied to sales of Trump-branded meme coins and related digital products. Those figures together exceeded the income reported from his real estate, hotel and golf businesses.
The filing was released June 30 by the Office of Government Ethics as part of the annual disclosure process for senior federal officials. Reuters reported that Trump disclosed more than $1.4 billion in total income from crypto, digital tokens and related partnerships, while the Washington Post said his filing listed more than $620 million in real estate, hotel and golf-related income for 2025. The AP separately reported that Trump’s crypto income totaled nearly $1.2 billion.
The disclosure adds to the rapid rise of World Liberty Financial, a crypto venture Trump co-founded with his sons Donald Trump Jr. and Eric Trump. Reuters said Trump’s prior disclosure had listed $57.35 million from World Liberty token sales, making the 2025 jump a sharp increase from the year before.
The financial disclosure is a federal filing covering Trump’s worldwide business income, not a state-by-state accounting, so it does not break out exact earnings by Florida or New York property. What is confirmed is that several of Trump’s best-known real estate and hospitality assets remain concentrated in those states, including Mar-a-Lago in Palm Beach, Trump National Doral in the Miami area, and Trump Tower in Manhattan. The filing does not provide a full location-by-location revenue list for each property.
Reuters reported that Trump also continued to draw income from overseas licensing and development deals, including projects in the Middle East. The AP said a property in the United Arab Emirates generated $10.4 million for Trump’s business last year, while a Saudi-linked project produced another $9 million. Those amounts were meaningful, but still far smaller than the reported crypto totals.
For readers in Florida and New York, the disclosure suggests the centers of Trump’s political and business identity remain in place, even as the source of his income shifts. The document does not show crypto replacing those branded properties physically, but it does show digital ventures now producing more reported revenue than the brick-and-mortar holdings long associated with his name.
Reuters reported that Trump now derives most of his income from digital assets that benefited from his policies after returning to the White House in January 2025. The filing reflects a period when Trump promoted the United States as a future “crypto capital,” while his family’s businesses expanded further into tokens, stablecoins and branded coin products. That broader policy environment forms part of the context for the revenue surge described in the disclosure.
The filings cited by Reuters and other outlets also point to the structure of Trump’s crypto earnings. In addition to proceeds from World Liberty Financial token sales, the Washington Post reported that the disclosure listed $635 million in royalties from a license agreement with Celebration Coins, $65 million from a World Liberty equity sale and $196 million in net proceeds from a stablecoin transaction. Those categories show Trump’s reported crypto income was diversified across several digital-asset businesses, not one single product.
For the public, the main takeaway is not that Trump’s real estate holdings disappeared, but that they were overtaken on paper by newer, faster-growing ventures. As of the June 30 disclosure, the federal filing shows crypto had become the dominant source of Trump’s reported business income in 2025, marking a significant change in the composition of the portfolio that for decades centered on real estate.