Trump's Crypto Venture Boosts Net Worth by 37%

President Donald Trump has significantly increased his net worth in a short period of time after venturing into the world of crypto assets, according to a new study conducted by State Democracy Defenders Action, a nonprofit group dedicated to ending autocracy in the US. The study highlights that Trump's foray into cryptocurrencies has not only boosted his wealth but has also positioned him to earn more profits in the future.

The study reveals that Trump’s position of power has allowed him to loosen regulatory policies on tokens associated with his decentralized finance (DeFi) platform, World Liberty Financial (WLFI), which was founded in September 2024. This strategic move has enabled him to capitalize on the growing crypto market, setting the stage for future financial gains.

Unlike other executive branch employees, Trump is not subject to the primary criminal conflict of interest law. This exemption has allowed him to adopt regulatory policies that favor private sector stablecoins, such as those offered by WLFI. The study notes that Trump’s $2.9 billion worth of cryptocurrencies comprise 37% of his total assets, which amount to $7.7 billion. This significant portion of his wealth in digital assets underscores the impact of his crypto investments on his overall financial status.

The study concludes by emphasizing that Congress has the power to stop Trump from profiting from digital assets. It suggests that the regulation of digital assets is still in its early stages, and rather than divesting his crypto assets to avoid any possible conflict of interest, Trump has positioned himself to maximize profits by adopting a less aggressive regulatory and enforcement program than his predecessor. The study calls for legislation barring presidents and other elected officials from holding stablecoins and other digital assets to prevent the use of public office for private gain.