According to a recent report from the State Democracy Defenders Fund (SDDF), cryptoassets could account for up to 37% of Donald Trump's assets.
It is very difficult to determine the exact number from public information, as the study can only make reasoned speculations about potential income sources. This includes transaction fees on TRUMP and two tokens from World Liberty Financial.
How Much Crypto Does Trump Actually Hold?
Since President Trump launched a meme coin in his name just before Inauguration Day, it has opened up an unprecedented new era for cryptocurrencies.
Former US officials and prominent figures in the cryptocurrency field have warned about the risk of political corruption. The SDDF report attempts to thoroughly analyze Trump's significant cryptocurrency holdings.
"In just a few short months, President Trump has significantly increased his assets through cryptocurrency business. The report shows that these cryptocurrency projects could account for nearly 40% of his assets," SDDF stated, noting that this number could soon increase.
Trump's cryptocurrency comes from multiple sources, mainly meme coins and World Liberty Financial. It provides WLFI Governance Token and USD1 stablecoin, and most of the company's revenue is reportedly belonging to the Trump family.
However, precisely determining his assets is very difficult for several reasons. Partly because the price of the TRUMP meme coin constantly fluctuates, and it is unclear how many tokens he actually holds.
Insiders related to the US president hold 80% of the meme coin's supply. How much of that is directly linked to the Trump family's investment portfolio?
Moreover, no one knows what percentage of TRUMP transaction fees belong to the Trump family. SDDF cites a study suggesting that total transaction fees may have reached $100 million in January, but the trail has since gone cold.
How high was this number by the end of April? What are the exact terms of Trump's "special deal" with Meteora? These important questions remain unanswered.
Similar issues also arise when trying to assess World Liberty Financial. The Trump family clearly receives income from the DeFi project, but it is very difficult to gain direct access to any contracts or for someone to publicly disclose specific agreements.
Trump is using his power to support cryptocurrency reform. However, it is almost impossible to deny that his family is significantly invested in this field. His focus on stablecoin regulation has drawn attention to USD1's involvement. His comprehensive campaign against federal cryptocurrency enforcement could also bring great opportunities.
In summary, it is not necessary to focus on Trump's exact cryptocurrency amount. The president has engaged in some economic entanglements that are typically completely forbidden for sitting presidents. Proving his exact commitments is extremely difficult, which only highlights the unusual situation.
