Donald Trump Has No Personal Cryptocurrency Holdings (at Least According to Public Knowledge)

While U.S. President Donald Trump has no personal cryptocurrency holdings (at least according to public knowledge), companies he owns are involved with two notable cryptocurrency

While U.S. President Donald Trump has no personal cryptocurrency holdings (at least according to public knowledge), companies he owns are involved with two notable cryptocurrency projects, World Liberty Financial and the TRUMP meme coin.

Even though Donald Trump’s crypto holdings are difficult to determine accurately, he has significant ownership interests in World Liberty Financial and in CIC Digital, which is entitled to a large portion of the TRUMP meme coin supply.

In order to better understand Trump’s crypto portfolio, we have to dive deeper into World Liberty Financial and the TRUMP meme coin, which are the two main ways in which he’s exposed to crypto as an investment.

Key highlights:

World Liberty Financial – A DeFi project endorsed by Trump

World Liberty Financial is a DeFi (decentralized finance) project that initially launched in October 2024, before Trump’s victory in the 2024 presidential election. Donald Trump is listed as the project’s “Chief Crypto Advocate”, and his likeness is prominently featured on World Liberty Financial’s website and marketing materials.

World Liberty Financial raised a whopping $550 million in investments by selling a token called WLFI. The most notable investor in the project is TRON founder Justin Sun, who reportedly invested $75 million.

Investors needed to pass a KYC (know your customer) check before they were allowed to purchase tokens. In the United States, only accredited investors were allowed to purchase WLFI tokens, while there was no such limitation for investors elsewhere.

World Liberty Financial, which is yet to launch its DeFi app, claims it will allow users to participate in the decentralized lending and borrowing of crypto assets.

World Liberty Financial holdings

The project’s publicly tagged wallets currently hold roughly $80 million worth of crypto assets, although this figure was as high as $411 million at its peak.

At the time of writing, World Liberty Financial’s largest crypto holding is ETH, closely followed by WBTC and USDT.

Summary of the biggest holdings in World Liberty Financial’s publicly tagged wallets. Source: Arkham Intelligence.

In February 2025, World Liberty Financial announced a strategic token reserve called Macro Strategy. The reserve is designed to hold a diverse range of tokenized assets.

Who owns World Liberty Financial?

According to the World Liberty Financial project’s documentation, the first $30 million of net protocol revenue (including platform fees, token sale proceeds and more) generated by World Liberty Financial is held in a reserve designed to cover operating expenses, indemnities and obligations.

All the other revenue generated by the protocol goes to DT Marks DEFI, Axiom Management Group and WC Digital Fi.

DT Marks DEFI is owned by Donald Trump and members of his family (Eric Trump, Donald Trump Jr and Barron Trump). DT Marks DEFI will receive 22.5 billion WLFI tokens, as well as 75% of net protocol revenues.

Axiom Management Group is owned by Chase Herro and Zak Folkman, who are listed as World Liberty Financial’s co-founders. The company will receive 7.5 billion WLFI tokens and 25% of net protocol revenues, although the figure is effectively at 12.5% since half of the revenue it receives will be allocated to WC Digital Fi, a company tied to Steven Witkoff and his sons Zach and Alex Witkoff.

The TRUMP meme coin

Donald Trump shocked the cryptocurrency markets right before his inauguration when he endorsed an official meme coin on January 17, 2025.

The TRUMP coin follows the conventional meme coin formula, offering no utility or special functions other than serving as a vehicle for price speculation. A section of the coin’s official website reads:

“Trump Memes are intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol ‘$TRUMP’ and the associated artwork, and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type.”

Immediately after its launch, the TRUMP coin displayed a massive surge, peaking at a market capitalization of $14.5 billion roughly two days after its debut on the market. However, the coin’s price has declined sharply since its peak, as it’s down roughly 85% since its all-time high.

One of the factors that negatively affected the price of the TRUMP coin was the launch of the MELANIA coin, which was endorsed by First Lady Melania Trump. Speculators feared that a series of official meme coins tied to the Trump family would hit the market and dilute demand for the TRUMP coin.

Although the TRUMP coin has reached a substantial valuation, it caused plenty of controversy as well. Critics labeled the coin a cash grab designed to profit from the hype surrounding the inauguration at the expense of Trump’s supporters. The TRUMP coin has also been criticized as a potential vehicle for