U.S. President Donald Trump's latest mandatory financial disclosure has revealed the scale of his gains from the cryptocurrency boom, with businesses linked to digital assets, including some with connections to Pakistan, generating more revenue than much of the real estate empire that first built his fortune.
A 927-page disclosure filed with the U.S. Office of Government Ethics showed Trump earned at least $2 billion in revenue during 2025. Of this, an estimated $1.4 billion came from cryptocurrency ventures controlled by trusts that benefit him. The disclosure has renewed debate in Washington over potential conflicts of interest while also drawing attention to Pakistan's growing association with Trump's crypto business, a development that could have implications for India.