Trump’s Net Worth Has Increased By $3 Billion This Year After Windfall From Crypto-Related Ventures

Within the past year, President Donald Trump’s net worth has increased by over $3 billion due to crypto-related ventures, which now make up nearly half of his liquid assets.

According to Forbes, the president has generated approximately $1 billion from crypto over the past year, surging his net worth to an estimated $5.6 billion. He now holds approximately $900 million in liquid assets, with the vast majority of these assets tied to his crypto ventures.

The widespread adoption of cryptocurrencies has accelerated under the Trump administration. In March, Trump signed an executive order establishing the U.S. Strategic Digital Asset Reserve, which enables the federal government to use Bitcoin as a strategic reserve asset to centralize its digital assets.

After the Biden administration increased regulation on the cryptocurrency market, Trump has vowed to make the U.S. a “global hub for digital assets” and roll back the policies implemented by former President Joe Biden.

Considering that a variety of Trump’s ventures are based on digital assets, such as World Liberty Financial or his memecoin $TRUMP, the president’s profits are poised to continue skyrocketing as he continues to implement crypto-favorable policies.

Recently, the Senate invoked cloture on the Guiding and Establishing National Innovation for U.S. Stablecoins Act, or GENIUS, setting it up for an imminent final vote. The act would establish a regulatory framework for dollar-backed stablecoins, ultimately further legitimizing the use of digital assets.

Trump’s World Liberty Financial recently launched its own stablecoin, USD1.

The president’s extensive digital asset holdings, combined with his consistent support for institutionalizing cryptocurrencies in the U.S., have raised questions about his true motives. As his profits continue to grow, some speculate that Trump’s policy goals may be driven by personal gain.

White House press secretary Karoline Leavitt denied that the president would seek to mix his political goals with his business interests.

“It’s absurd for anyone to insinuate that this president is profiting off of the presidency,” said Leavitt. “This president was incredibly successful before giving it all up to serve our country.”

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Article by Kevin Maguire