WASHINGTON, D.C. — Donald Trump's 2025 annual financial disclosure form listed cryptocurrency as a top-three income source. World Liberty Financial Inc. reported $57.4 million in token sales in the 2025 annual financial disclosure form, which covers the calendar year 2024.

Trump Endeavor 12 LLC reported $160.8 million in business income in a candidate disclosure form covering January 2023 through August 2024. His recent financial disclosures include income from crypto token sales, sneaker and watch royalties, and NFT licensing. Prior Federal financial disclosure filings for Trump did not report income from token sales.

Foreign licensing income reached $35.1 million in the 12 months covered by Trump's 2025 financial disclosure form. This $35.1 million is the highest amount reported across five analyzed financial filings. The licensing deals were located in Saudi Arabia, Dubai, and Vietnam.

An investment vehicle controlled by Sheikh Tahnoon bin Zayed Al Nahyan, the United Arab Emirates' national security adviser, signed an agreement on Jan. 16, 2025. The agreement was to purchase a 49 percent stake in World Liberty for $500 million, and it directed $187 million to Trump family entities. The agreement also directed at least $31 million to entities tied to Steve Witkoff's family. Witkoff is a co-founder of World Liberty.

Eric Trump and Zach Witkoff announced at a Dubai cryptocurrency convention on May 1, 2025, that MGX would use World Liberty's USD1 stablecoin to settle a $2 billion investment in Binance. MGX is controlled by Sheikh Tahnoon. A February report stated that Binance accumulated 87 percent of World Liberty's stablecoin.

The Trump administration reversed restrictions on advanced artificial intelligence chip exports to the United Arab Emirates. G42, an artificial intelligence company controlled by Sheikh Tahnoon, had been blocked from receiving advanced artificial intelligence chips over concerns about technology diversion to China. The Securities and Exchange Commission announced in May 2025 that it was dismissing a lawsuit against Binance.

Trump pardoned Changpeng Zhao, who pleaded guilty in late 2023 to failing to maintain an effective anti-money-laundering program at Binance. His five disclosed filings do not report a direct ownership stake in Binance. Senator Elizabeth Warren and Senator Jeff Merkley sent letters to World Liberty, MGX, and Binance requesting that they preserve records and provide information regarding the investment deal.