US President Donald Trump earned over $57 million from sales of tokens from the cryptocurrency company he and his sons helped launch last year, according to federal financial documents released by the White House, AFP reported.

The 230-page document, released by the Office of Government Ethics, lists the US president's assets, including stocks, dividends, real estate, and investment portfolios.

It revealed that Trump, who broke with a long-standing tradition of candidates publishing their tax returns during his first presidential campaign in 2016, earned $57.4 million from the sale of tokens on World Liberty Financial.

Trump and his sons helped launch the cryptocurrency investment and lending platform before last year's election, raising concerns about a conflict of interest, especially after he won.

He lent his name to the new company and launched a “Trump” meme coin in January, just hours before taking office.

World Liberty Financial has issued 100 billion tokens, of which about 22.5 billion have been distributed to DT Marks Defi, a company linked to Trump.

Once hostile to the crypto industry, Trump returned to power and enthusiastically embraced the sector, taking significant steps to remove regulatory barriers and making large-scale investments.

Among his other moves, Trump appointed cryptocurrency advocate Paul Atkins as head of the Securities and Exchange Commission (SEC).

He also created a federal “Strategic Bitcoin Reserve,” which aims to audit the government's holdings of Bitcoin, which have been accumulated mainly by law enforcement agencies through court seizures.

Cryptocurrencies now have a “champion and ally” in the White House, Vice President J. D. Vance said last month at a Bitcoin conference in Las Vegas.

The document also provides an overview of the royalties Trump has received from the sale of branded products and licensing agreements around the world.

For example, he earned $2.8 million from watches and $2.5 million from perfumes and sneakers.

His Mar-a-Lago club in Florida has also brought in over $50 million in revenue for the president.

Trump's golf courses around the world have also helped fill his coffers, bringing him $29.1 million from the one in West Palm Beach and $110.4 million from the one in Miami.

The president also received a monthly pension of $6,484 from the Screen Actors Guild (SAG). |BGNES