Trump financial filings show crypto proceeds shifted into stocks and bonds

Traders Union
All News
Financial News
Trump crypto income shifts

Highlights

Trump's financial disclosure shows his stocks and bonds portfolio increased at least fourfold in two years, driven by over $1.4 billion in 2023 crypto project proceeds.
By end of 2025, Trump holds between $703 million and $2.6 billion in stocks and bonds versus $225 million to $608 million at end of 2024, indicating a shift to traditional assets.
Trump retains sizable crypto exposure with 15.75 billion World Liberty tokens valued above $50 million, plus Trump companies holding at least $160 million in bitcoin and ether.

Disclosure details and portfolio shift

As reported by Reuters, Trump’s filings with the U.S. Office of Government Ethics show that his portfolios of stocks and bonds expand at least fourfold over the past two years as money from crypto projects flows in. The disclosures list asset values in ranges rather than exact figures, making it unclear how much of the reported crypto income is specifically redirected into lower-risk investments.

The president receives more than $1.4 billion last year from family crypto projects including World Liberty Financial and the Trump meme coin. By the end of 2025, he holds between $703 million and $2.6 billion in stocks and bonds, compared with between $225 million and $608 million at the end of 2024.

Trump also retains sizable digital asset exposure. His filing shows that he holds 15.75 billion World Liberty governance tokens valued at more than $50 million at the end of last year, while Trump companies managing his interest in World Liberty Financial and the meme coin project hold at least $160 million in bitcoin and ether and up to $6 million in other tokens.

Crypto strategy and political implications

Nine digital asset experts who review the Reuters analysis say the disclosures suggest Trump does not treat crypto as the main store of his personal wealth, even as he and his sons promote digital assets publicly. Timothy Massad, director of Harvard University’s Digital Assets Policy Project and former chairman of the Commodity Futures Trading Commission, says the filing suggests Trump profits from crypto ventures and then places those gains into traditional assets such as stocks and bonds.

A Reuters report last month finds that retail investors in the four main Trump-backed crypto projects lose $2.3 billion as of April. At the same time, Trump does not report owning shares in two publicly listed crypto firms backed by Eric Trump and Donald Trump Jr.

The Trump Organization says the disclosure demonstrates a strong financial position with substantial liquidity and a conservative balance sheet, while the White House says the president’s assets are held in fully discretionary accounts managed by independent third-party financial institutions. World Liberty spokesperson David Wachsman says the business is built for the long term and remains confident that digital asset technology will shape the future of financial services.

Trump’s children oversee the trust managing the president’s money and remain prominent advocates for the family’s crypto projects. Since November 2024, Eric Trump repeatedly says bitcoin is "the greatest asset" of modern times and predicts it will reach $1 million in value.

Our earlier article on Trump’s proposed “Trump accounts” for newborns examined how the plan fits into the wider U.S. debate over narrowing inequality by expanding household ownership of assets rather than relying mainly on taxation. It noted that a one-time $1,000 Treasury contribution is largely symbolic at that scale and argued that more durable, broad-based wealth building typically requires recurring income streams or meaningful shared ownership of productive assets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.