Pak's Deal With Trump Family Firm Under Lens After US President's Billion Dollar Crypto Windfall Disclosure

Last Updated:July 01, 2026, 22:08 IST

Donald Trump earned at least 2 billion dollars in 2025, largely from crypto ventures, including a Pakistan stablecoin deal, as the White House denies any ethics conflict

US President Donald Trump earned at least $2 billion in revenue during 2025, including roughly $1.4 billion from cryptocurrency ventures held through trusts that benefit him, according to a 927-page disclosure filed with the US Office of Government Ethics.

Part of that revenue traces to a Pakistani government agreement with a crypto firm linked to Trump’s sons, a development that has drawn attention in New Delhi over Washington’s shifting posture in South Asia.

Where Did The Money Come From

The disclosure attributes $799 million to Trump’s stake in World Liberty Financial, a decentralised finance company he co-founded and which his sons, Donald Trump Jr and Eric Trump, now run. Trump is listed in the filing as “co-founder emeritus."

Another $636 million came from sales of the $TRUMP memecoin, launched days before his January 2025 inauguration. A further $600 million flowed through CIC Digital LLC from meme coin and collectible sales, alongside revenue from Trump-branded Bibles, watches and sneakers.

Also Read: Crypto Bet, ‘Defiance’ Sculpture Gets Trump Over $1.16bn In His First Year Back

The Pakistan Connection

The Pakistan link centres on an agreement signed earlier this year between Pakistan’s Ministry of Finance, the Pakistan Virtual Assets Regulatory Authority and an affiliate of World Liberty Financial.

The memorandum of understanding sets out plans to integrate the firm’s dollar-backed stablecoin, USD1, into Pakistan’s regulated payment infrastructure, with the stated aim of channelling billions of dollars in remittances and cross-border transactions.

The signing ceremony in Islamabad was attended by Prime Minister Shehbaz Sharif, Finance Minister Muhammad Aurangzeb, army chief Field Marshal Asim Munir and World Liberty Financial chief executive Zachary Witkoff, son of Trump’s Middle East envoy Steve Witkoff. Bilal Bin Saqib, a British-Pakistani entrepreneur who previously advised the firm, now chairs Pakistan’s crypto regulator and is credited with brokering the arrangement.

A Reversal In Tone

The tone from Washington towards Islamabad has shifted sharply since Trump’s first term, when he accused Pakistan of offering the US “nothing but lies and deceit," suspended hundreds of millions of dollars in military assistance and repeatedly accused the country of sheltering terrorists.

Trump has since praised Munir directly and pointed to renewed security and economic cooperation between the two countries.

White House Response

The White House has said there is no ethical conflict, noting that Trump does not directly manage the businesses and that administration decisions rest solely on US national interest.

About the Author

Anoshito Banerjee

Anoshito Banerjee is a digital journalist at CNN-News18, specialising in Indian foreign policy, global diplomacy, South and West Asian geopolitics, and strategic affairs. His reporting spans hard news...Read More

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