Trump's Crypto Empire Booms as Tokens Plummet in Value

President Donald Trump's crypto ventures have been a major source of income for him in recent years, bringing in nearly $1.2 billion last year alone. This is according to a federal filing released by the Office of Government Ethics, which shows that Trump's World Liberty Financial business generated more than $500 million from sales of new crypto products, including 'governance tokens.'

The value of these tokens has since plummeted, falling 80% in value since they started trading in September. This is not an isolated case, as the price of another Trump-tied cryptocurrency, the souvenir coins stamped with his face, has also dropped significantly.

Trump's crypto business has been a lucrative one, and it's not just limited to tokens and coins. The president also took in millions last year from selling Trump-branded bibles, sneakers, and other small items. In fact, the sale of Trump-branded watches alone brought in $4.7 million.

But what's most striking about Trump's crypto business is its rapid growth. According to Forbes, Trump's net worth has increased significantly since taking office, from $2.3 billion in 2024 to $6 billion today.