President Donald Trump’s latest annual financial disclosure reveals that he collected hundreds of millions of dollars from cryptocurrency ventures and other business investments in his first year back in office.

Cryptocurrency Investments

According to the disclosure, Trump netted more than $526 million from sales of cryptocurrency tokens tied to World Liberty Financial LLC, a firm managed in part by his sons, Eric and Donald Trump Jr. The president also holds several other cryptocurrency investments totaling millions of dollars.

In addition to his cryptocurrency investments, Trump has continued to generate income from properties, including his Mar-a-Lago club, which generated $77 million in resort-related revenue. He has also lent his name to various products and ventures, collecting hefty royalties and licensing fees, including $635 million from an agreement with Celebration Coins.

Other Business Ventures

Other notable income sources for Trump include $4.7 million in royalties for Trump Watches, $208,000 related to a bible he has frequently promoted, and $67,634 for Trump Sneakers & Fragrances. The president has also reported nearly $440,000 in gifts he received over the last year, including $250,000 for a statue of himself and $50,000 for Super Bowl tickets.

The White House has denied that Trump’s financial interests pose a conflict of interest, emphasizing that he is not actively involved in managing his businesses or investments. However, Trump has at times promoted businesses and policies that stand to benefit him and his family members financially, including his vocal support for the cryptocurrency industry.

Original reporting: KRDO (Colorado Springs metro) — read the source article.