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Trump Discloses $57M Windfall From Crypto Venture World Liberty Financial

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In brief

  • Donald Trump earned $57.3 million from the World Liberty Financial token launch, drawing bipartisan criticism over potential conflicts of interest.
  • The crypto platform, launched with his sons, raised $550 million from over 85,000 investors worldwide.
  • Despite the crypto windfall, Trump’s golf resorts and licensing deals remain his top earners, pushing total 2024 income past $600 million.

President Donald Trump pocketed $57.3 million from his crypto venture World Liberty Financial, earnings that had lawmakers calling it “open corruption.”

The windfall came from token sales by World Liberty Financial, the decentralized finance platform Trump launched with his three sons—Donald Jr., Eric, and Barron—before winning the 2024 election. 

The disclosure, spanning 234 pages and filed with the Office of Government Ethics, reveals Trump’s crypto bet paid off handsomely as his administration took office.

The crypto earnings reveal that Trump has successfully monetized his political brand across multiple ventures, from meme coins to golf resorts, generating over $600 million in total income. 

World Liberty Financial raised approximately $550 million through two token sales, with more than 85,000 investors participating globally, as per a March statement.

Despite the substantial crypto earnings, Trump’s golf empire remains his financial heavyweight. 

Trump Endeavor 12 LLC, his Miami-based company owning golf courses and resorts, generated $110 million, nearly double his crypto income.

The disclosure reveals Trump values 22 assets at more than $50 million each, including his Turnberry Scotland golf resort and stakes in Trump Media & Technology Group, which owns Truth Social. 

His Mar-a-Lago Club alone contributed over $50 million in resort-related revenue.

His company, CIC Digital LLC, earned $1.1 million in 2024 from licensing his image on non-fungible tokens and holds an Ethereum wallet worth at least $1 million.

However, his newer meme coin venture, Fight Fight Fight LLC, wasn’t included in the 2024 disclosure since it falls outside the reporting period.

In May, Trump hosted a dinner for the 220 largest holders of the Official Trump (TRUMP) meme coin, causing its price to surge 56% when the event was announced in April. 

The filing also details extensive royalty income, including $2.8 million from Trump Watches, $2.5 million from Trump Sneakers and Fragrances, and $1.3 million from the Greenwood Bible, described as “the only Bible officially endorsed by Lee Greenwood and President Trump.”

His foray into digital assets represents a significant shift for a president who once dismissed Bitcoin as a ‘scam against the dollar.’

However, Trump’s crypto ventures did spark intense bipartisan criticism on Capitol Hill.

“It is open corruption,” declared Representative Gerry Connolly, characterizing Trump’s deep crypto ties as creating unprecedented conflicts of interest.

The disclosure lists eleven outstanding debts, including judgments from E. Jean Carroll’s sexual assault and defamation cases and obligations from his 34-felony conviction—all stayed pending appeals. 

Seven real estate loans exceed $50 million each on properties including Trump Tower and Trump National Doral.

Edited by Sebastian Sinclair

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Startup DIMO Launches DePIN Venture in Japan to Help Automakers Monetize Vehicle Data

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In brief

  • DIMO has established a joint venture with Hakuhodo KEY3 to expand into the Japanese market.
  • The platform’s community will vote to approve funding for a 33% equity stake.
  • Japan’s connected vehicle market is projected to hit $1 trillion by 2030.

Japanese automakers have spent billions developing connected car features, yet most vehicle data remains locked in corporate silos. Now, a U.S.-based blockchain startup wants to change that dynamic in one of the world’s most advanced automotive markets.

Decentralized vehicle data platform DIMO announced today that it is expanding into the Japanese market through a joint venture with Web3 company Hakuhodo KEY3, targeting automakers who struggle with costly infrastructure development and tightening privacy regulations.

“Japan remains an integral part of the global market, with key automakers, Tier 1 suppliers, and mobility innovators all concentrated in the country,” DIMO Japan CEO Ryo Hayashi said in a statement shared with Decrypt. “Our immediate focus is to expand the DIMO platform and allow local companies to integrate with it.”

The move would help remove “infrastructure hurdles” for automakers, service partners, and third-party developers who are looking to “build and innovate” through their platform, Hayashi said.

Decentralizing software for vehicles

DIMO’s decentralized physical infrastructure network (DePIN) operates like a marketplace for vehicle data.

Drivers maintain ownership of their information while automakers access aggregated insights to develop features ranging from real-time diagnostics to usage-based insurance.

Drivers connect their vehicles through DIMO’s mobile app and earn token rewards for sharing anonymized data, creating a two-sided marketplace that incentivizes participation. DIMO claims it currently connects over 180,000 vehicles globally.

The timing appears strategic. Japan produces approximately 10% of the world’s vehicles, including brands such as Toyota, Suzuki, and Honda, according to data released by the Japan Automobile Manufacturers Association in 2024. 



Meanwhile, the connected and software-defined vehicle market is projected to expand from $200 billion in 2024 to over $1 trillion by 2030, according to industry estimates.

For DIMO, this means automakers urgently need data infrastructure to capture revenue from software, making its entry strategic for entering one of Asia’s fastest-growing automotive markets.

For Japanese automakers, the partnership addresses a critical pain point around “privacy concerns and high development costs,” DIMO explained.

DIMO will work within local privacy regulations and adhere to the specialized needs of local OEMs.

The venture follows DIMO’s decentralized governance model, requiring token holders to vote on major treasury decisions. 

The community will decide on June 16 whether to allocate $500,000 USDT and 4 million DIMO tokens for a 33% equity stake in the Japanese entity, ensuring that stakeholders directly approve strategic expansion rather than leaving decisions to executives alone.

Edited by Sebastian Sinclair

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Shockingly Bullish Bitcoin Price Prediction Made by Legendary Venture Capitalist
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Shockingly Bullish Bitcoin Price Prediction Made by Legendary Venture Capitalist

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  • “Extremely low risk” investment 
  • Surging to infinity? 

Tim Draper, one of the most prominent venture capitalists, is confident that the price of Bitcoin will be able to more than double this year, reaching $250,000.

On the heels of the recent surge, I’m still expecting Bitcoin to reach $250,000 this year.

Draper originally predicted that Bitcoin would be able to achieve this price mark by 2022. After that forecast turned out to be a big miss, he now insists that it will be this year.

The famed American entrepreneur, who is known for his early bets on such companies as Skype, has also outlined some of the main factors that support his bull case. These factors include macroeconomic optimism surrounding trade deals, the incoming regulatory frameworks that the industry has been asking, as well as Web3 applications that are being built onto the Bitcoin blockchain.

The billionaire investor has also noted that major banking institutions, including JPMorgan, are embracing the leading cryptocurrency. As reported by U.Today, the largest U.S. bank by total assets will allow its customers to buy the flagship cryptocurrency, according to CEO Jamie Dimon. However, JPMorgan will not offer Bitcoin-related custodial services. 

Bitcoin is currently trading at $104,922 after reaching its current all-time high of $112,000 in May.  

“Extremely low risk” investment 

Various businesses that are piling into Bitcoin are turning the leading cryptocurrency into an “extremely low-risk investment,” according to Draper.

“Businesses are piling in, bringing it further into the mainstream,” the billionaire said.

Bitcoin, according to the billionaire, is emerging as a store-of-value asset. 

Draper acquired tens of thousands of Bitcoins during an auction in 2014 by the U.S. Marshals Service. Those coins were seized from the notorious Silk Road exchange.

Surging to infinity? 

Draper has also reiterated that the leading cryptocurrency could potentially surge to infinity against the leading cryptocurrency.

As reported by U.Today, the legendary venture capitalist did not rule out that the U.S. dollar could experience hyperinflation.



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