Trump’s crypto empire under scrutiny: up to 37% of wealth reportedly tied to digital assets

• The Trump family reportedly controls 80% of Trump’s coin supply.
• Trading fees from Trump Coin reached $100 million in January.
• The WLFI Stablecoin and Token projects face transparency concerns.

A new report from the State Democracy Advocates Fund (SDDF) brings new scrutiny to the cryptocurrency market on President Donald Trump’s economic ties.

Non-partisan Watchdog estimates that up to 37% of Trump’s personal wealth, including controversial tokens such as Trump Coin and World Liberty Financial (WLFI), could be related to digital assets.

The findings raise serious concerns about gaps in ethics, financial disclosures, and potential conflicts in profits in the current administration.

The report comes as Trump is actively shaping crypto policy from the White House.

His administration’s push for deregulation and pro-blockchain initiatives raised eyebrows, particularly as some of the same tokens that benefit from the policy shift are related to Trump’s private portfolio.

The SDDF findings draw attention to growing blind spots about how political figures are or are not needed to disclose digital assets that could affect public decision-making.

The playing cards coins dominate

At the heart of the report are two digital asset ventures. Trump Meme Coin and WLFI issue both a governance token and a stablecoin called USD1.

According to the SDDF, the Trump family is believed to control up to 80% of Trump’s total supply.

In January 2025, trading fees for tokens alone reportedly exceeded $100 million, but on-chain analysis still remains independent whether these funds will directly benefit the Trump family.

The WLFI ecosystem is also focused. The project has gained traction by positioning itself as Profridom’s financial system, but SDDF flags the lack of transparency regarding token allocation and ownership structure.

The WLFI offering includes tokenized Stablecoin, USD1, among investors who compared to controversial assets such as Terrausd for centralized management and promotional connections.

Duplicate policy has been raised doubt

Since returning to the White House, Trump has pursued several crypto-friendly policies.

These include calling a more looser regulatory framework, a clearer definition of stablecoins, and protecting decentralized financial platforms.

Such moves are welcomed by some of the digital asset industry, but the timing and targets of these changes are now facing surveillance.

The SDDF report raises concerns that the administration’s policy stance could be overly affected by Trump’s private interests.

In particular, critics point out that regulatory efforts appear to benefit mimecoin and stupid projects similar to what Trump is reportedly invested in.

Trump has also publicly promoted ideas for a “crypto-first” financial future, including campaign messaging and appearances at blockchain conferences.

These approvals have helped pump token prices in some cases, but Watchdog warns that without a proper profit dispute law could put investors and citizens at the risk of private risk.

Transparency calls rise

The revelation from the SDDF has rekindled the demands of a stronger US fiscal transparency law.

Currently, civil servants do not need to disclose their cryptocurrency holdings unless they are converted to Fiat currency or standardized revenue generation.

This regulatory loophole allowed politicians, including Trump, to run their digital assets portfolios without formal oversight.

The ethics watchdog argues that Trump’s case shows an urgent need to modernize financial disclosure requirements.

In particular, they recommend the introduction of laws requiring crypto wallet addresses, token holdings, and reporting involvement in debt governance.

Trump supporters argue that the president’s code embrace is a future-looking move to increase innovation and financial inclusion, but the SDDF findings suggest a more complicated picture.

Debates about ethics and financial governance in politics could intensify over the coming months as major projects like WLFI still lack public transparency regarding independent audits and token allocation.