US President Donald Trump made more than $1bn in cryptocurrency-related business income during his first year back in office, according to his mandatory 2025 financial disclosure.
The 927-page filing showed that crypto ventures generated significantly more income than his longstanding real estate holdings.
The report listed about $635m in royalties from a Trump meme coin launched shortly before he returned to the White House and more than $500m in income from World Liberty Financial, a cryptocurrency company founded by his sons and the children of special envoy Steve Witkoff.
The White House rejected allegations that the president had benefited from his office.
The disclosure marked a sharp increase from Trump's previous filing for 2024, which reported more than $600m in total income.
The president's crypto businesses have become a major source of revenue after his administration adopted a more supportive approach toward the digital asset industry.
The filing also showed that the value of Trump's crypto ventures has declined since their launch despite generating substantial revenue.
White House deputy press secretary Anna Kelly said, "Neither the President nor his family has ever engaged - or will ever engage - in conflicts of interest."
She also said the administration's actions were intended to support innovation and economic opportunity while making the United States the "crypto capital of the world."
Critics, including former White House ethics lawyer Richard Painter, argued the earnings represented a conflict of interest.
Beyond cryptocurrency, Trump reported approximately $77m from Mar-a-Lago and about $122m from his golf club in Doral, Florida.
He also earned more than $30m each from golf clubs in Bedminster, New Jersey, Jupiter, Florida, and Turnberry, Scotland.
The filing listed millions of dollars in royalties from Trump-branded products, including watches, Bibles, trainers, fragrances and guitars, with watches alone generating $4.7m.
First Lady Melania Trump reported $10.7m from a documentary licensing agreement and another $6m from NFT sales.
The disclosure also recorded about $86.5m from legal settlements involving ABC, CBS, Meta, YouTube and X, although the White House said most of those funds were directed toward Trump's future presidential library or a nonprofit supporting park sites in Washington.