{"id":24715,"date":"2025-06-16T13:42:50","date_gmt":"2025-06-16T10:42:50","guid":{"rendered":"https:\/\/forklog.com\/en\/donald-trump-earns-over-57-million-from-world-liberty-financial-tokens\/"},"modified":"2025-06-16T13:42:50","modified_gmt":"2025-06-16T10:42:50","slug":"donald-trump-earns-over-57-million-from-world-liberty-financial-tokens","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/donald-trump-earns-over-57-million-from-world-liberty-financial-tokens\/","title":{"rendered":"Donald Trump Earns Over $57 Million from World Liberty Financial Tokens"},"content":{"rendered":"<p>U.S. President Donald Trump has garnered more than $57 million in revenue from the sale of tokens from the World Liberty Financial (WLF) project. This information is derived from a financial disclosure <a href=\"https:\/\/oge.app.box.com\/s\/k0hxcezgk7j1cyqoue16cillsi9srmfu\">published<\/a> by the Office of Government Ethics.<\/p>\n<p>Trump holds 15.75 billion native WLFI tokens. Their estimated value is listed between $1,001 and $15,000, granting him voting rights in the project&#8217;s governance.<\/p>\n<p>In WLF&#8217;s official documents, Trump is <a href=\"https:\/\/static.worldlibertyfinancial.com\/docs\/intl\/gold-paper.pdf\">identified<\/a> as the company&#8217;s &#8220;chief crypto advocate&#8221; alongside his three sons. It is noted that he is neither a director, founder, nor owner of the firm.<\/p>\n<p>In March, the project concluded its second token sale round, <a href=\"https:\/\/forklog.com\/en\/news\/world-liberty-financial-raises-590-million-through-dual-token-sales\">raising $590 million<\/a>. The team is currently focused on promoting the <a href=\"https:\/\/forklog.com\/en\/news\/market-capitalisation-of-usd1-stablecoin-surpasses-2-billion\">USD1 stablecoin<\/a>.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin Reserve and Trump Media<\/h2>\n<p>Meanwhile, Trump Media &#038; Technology Group (TMTG), the operator of the Truth Social network, has <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1849635\/000114036125022486\/ef20050623_ex99-1.htm\">received<\/a> approval from the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> to implement a bitcoin strategy. This decision unlocked $2.3 billion in capital raised from institutional investors.<\/p>\n<p>The company can allocate these funds to purchase digital gold at any time. The amount and timing of asset acquisitions are at TMTG&#8217;s discretion.<\/p>\n<p>The strategy also allows for the purchase of bitcoin-related securities or its sale for investment in other assets. According to a <a href=\"https:\/\/s3.amazonaws.com\/b2icontent.irpass.cc\/2660\/rl146281.pdf\">press release<\/a>, TMTG may raise up to $12 billion in additional funding through the issuance of shares, debt obligations, or warrants. However, the company &#8220;has no immediate plans to issue any securities&#8221; under this mechanism.<\/p>\n<p>The company is traded on Nasdaq under the ticker DJT. At the time of writing, the stock price is $19.52, according to <a href=\"https:\/\/www.google.com\/finance\/quote\/DJT:NASDAQ\">Google Finance<\/a>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-06-16-131444.webp\" alt=\"Snimok-ekrana-2025-06-16-131444\" class=\"wp-image-260522\"\/><figcaption class=\"wp-element-caption\">Data: Google Finance.<\/figcaption><\/figure>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">June 16, 2025 | 17:55<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>Trump&#8217;s social network Truth Social has filed an <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/2072348\/000110465925059688\/tm2517829-1_s1.htm\">application<\/a> with the SEC to launch a spot ETF tracking bitcoin and Ethereum prices. The product will be sponsored by Yorkville America Digital management company.<\/p>\n<p>The fund will offer investors access to a basket of the two largest cryptocurrencies by market capitalization through the purchase of shares. This will spare them the complexities associated with direct ownership of digital assets.<\/p>\n<p>The fund&#8217;s cryptocurrency custody will be managed by Crypto.com exchange operator \u2014 Foris DAX Trust Company.<\/p>\n<p>The ETF shares are expected to be traded on the NYSE Arca. However, the company has yet to determine the instrument&#8217;s ticker and the custodian for fiat funds.<\/p>\n<p>Later, Truth Social will submit an amendment to the application. The company will disclose details of the transaction agreement with Crypto.com.<\/p>\n<\/div>\n<p>Earlier, on June 5, a spat between Trump and billionaire Elon Musk <a href=\"https:\/\/forklog.com\/en\/news\/trump-and-musk-clash-sends-bitcoin-tumbling-to-100000\">caused bitcoin to plummet<\/a> to $100,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. President Donald Trump has garnered more than $57 million in revenue from the sale of tokens from the World Liberty Financial (WLF) project. This information is derived from a financial disclosure published by the Office of Government Ethics. Trump holds 15.75 billion native WLFI tokens. Their estimated value is listed between $1,001 and $15,000, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1641,991,596,1770],"class_list":["post-24715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-reserves","tag-donald-trump","tag-tokens","tag-world-liberty-financial-wlfi"],"aioseo_notices":[],"amp_enabled":true,"views":"46","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24715"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24714"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}