Trump made $1.2 billion in crypto ventures last year as investors faced losses, federal records reveal

US President Donald Trump earned around $1.2 billion in 2025 from his crypto businesses, according to federal documents released Tuesday, the Associated Press reported. He locked in his profits as his investors suffered losses.

These companies, which were small startups when he took office, have now eclipsed his vast real estate portfolio in terms of revenue. The rise has been fueled by billionaire investors as well as Trump’s own move to roll back a federal crackdown on the crypto industry.

More than $500 million went into the president’s pockets from the sale of his business World Liberty Financial’s new crypto products, which include “governance tokens,” according to an annual disclosure report with the Office of Government Ethics. The report also revealed that another crypto business called CIC Digital LLC made more than $600 million from the sale of “meme” coins, which are souvenir-type digital assets emblazoned with Trump’s face.

This is a developing story. Check back later for more updates.