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Cryptocurrency News Video
Trump's Crypto Surge: $57.4 Million Earnings & Plans for a Digital Asset Revolution
Jun 15, 2025 at 01:01 pm Panorama - Breaking News 3
United States President Donald Trump’s annual report for the year ending December 2024 reveals substantial earnings from cryptocurrency investments, particularly through his venture with World Liberty Financial. According to the official U.S. Government Ethics report, the 79-year-old Republican amassed nearly $57.4 million from WLF, primarily from crypto token sales to investors. The report details that Trump holds significant ownership in the WLF protocol, governance platform, and related digital assets, with the company’s operations based in Miami, Florida. World Liberty Financial, where Trump serves as Co-Founder Emeritus alongside his sons and co-founder Steven Witkoff, aims to provide financial access by leveraging blockchain technology to create a more equitable financial system. The WLF Token, pegged to the U.S. dollar, is currently trading at $1, reflecting a 0.35 percent increase as of June 15, 2025. The token has enjoyed a trading volume growth of 3.39 percent in the last 24 hours, with a market capitalization exceeding $2.19 billion. Under Trump's administration, there has been a significant push to position the U.S. as a leader in the cryptocurrency space. In March 2025, he signed an executive order to create a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile. Trump expressed his commitment to making the U.S. the “crypto capital of the world,” emphasizing the importance of digital assets for economic growth. Additionally, Trump launched his official cryptocurrency, the $TRUMP meme coin, on January 18, 2025, which experienced a remarkable 230 percent surge in market capitalization within 24 hours, reaching over $14.3 billion prior to his inauguration. This initiative underscores Trump's support for the burgeoning crypto industry as he embarks on his second term as President.
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