Trump's First Financial Report in Office: Generated $57.35 Million in Profit through WLFI Token Sales, Holding 15.75 Billion WLFI Governance Tokens

BlockBeats News reported on June 14 that, according to Reuters, President Trump submitted his first public financial disclosure report of his term this past Friday, providing what he claims to be updated information on his assets, including revenue tied to his family's involvement in cryptocurrency.

Trump reported earning $57.35 million through token sales from the cryptocurrency company World Liberty Financial. He also disclosed that he holds 15.75 billion governance tokens of the company. The annual report is dated June 13, but the exact time period it covers remains unclear.

The 234-page document also detailed various income streams Trump received through the licensing of his name and image, including: $3 million from the sale of the coffee table book Our Journey Together, $2.5 million from the "Trump Sneakers and Fragrances" series, $2.8 million from Trump-branded watches, $1,055,100 from the "45 Guitars" collection, and $1,306,035 from The Greenwood Bible. Additionally, a company paid Trump $1,057,490 in licensing fees for the sale of Trump digital trading cards.