Crypto World

Trump pocketed more than $1 billion from crypto ties as industry headed toward slump

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The same section also noted Trump holding up to $250,000 in USD, up to $15,000 in the USDC stablecoin, more than $50 million in Ethereum’s ether (ETH), more than $50 million in bitcoin and a combined $6 million and change in various other cryptocurrencies under DT Marks Defi LLC, the Trump Organization-affiliated entity that has the stake in World Liberty.

The president also disclosed a number of other crypto crypto holdings through CIC Digital LLC, a Trump Organization affiliated entity that is one of the two main owners of the president’s memecoin business, including:

  • more than $50 million in bitcoin
  • $25 million in Ethereum’s ether (ETH)
  • $25 million in USDC
  • an equity stake in Coreweave, the bitcoin miner that shifted toward AI
  • another stake in a “stablecoin holdco” held under DT Marks SC LLC., a business that generated $8 million in revenue last year, tied to an investment from Abu Dhabi Sheikh Tahnoon bin Zayed Al Nahyan

White House spokespeople didn’t immediately respond to a request for comment on the disclosures. Wealth disclosed on government financial reports can be difficult to assess, because they include wide ranges of valuation.

Vice President James David Vance disclosed holding somewhere between $100,000 and $500,000 worth of Bitcoin through a Coinbase account in his own annual disclosure.

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