President Donald Trump earned more than $635 million from a licensing agreement with a cryptocurrency group specializing in ‘meme’ coins bearing his name last year, an amount that pushed his total crypto holdings past $1 billion, according to a lengthy financial disclosure form he released Tuesday.

Crypto Earnings

The figures from 2025 — the first year of Trump’s second term — were disclosed to the U.S. Office of Government Ethics in a 927-page document. By comparison, President Barack Obama’s final disclosure form was eight pages, while President Joe Biden’s was 11 pages.

Trump’s meme-coin earnings came on top of more than $236 million worth from additional crypto token sales, and an additional sale of equity worth more than $65 million associated with Trump family crypto venture World Liberty Financial. There’s also more than $290 million classified as income from cryptocurrency wallets associated with World Liberty.

A recent letter from Senate Democrats said a company called ‘Celebration Cards’ registered in Wyoming, now a major crypto hub, facilitated a crypto conference held at Mar-a-Lago in April.

Response to Criticism

‘Neither the President nor his family has ever engaged — or will ever engage — in conflicts of interest,’ a White House representative said in a statement Tuesday. ‘President Trump proudly made the United States the crypto capital of the world through executive actions, supporting legislation like the GENIUS Act, and other commonsense policies to drive innovation and economic opportunity for all Americans.’

Trump has faced bipartisan criticism for alleged conflicts of interest, assertions the White House has vigorously denied.

Original reporting: NBC Connecticut — read the source article.