Steve Witkoff, President Donald Trump‘s special envoy for Ukraine and the Middle East, reported $107 million in 2025 income from the holding company that owned his stake in World Liberty Financial, the Trump family crypto venture he helped launch. Bloomberg first reported the figure Tuesday from a recent financial disclosure.

The disclosure reportedly does not include the value or income of the underlying assets inside Witkoff’s holding companies, so it does not show how much of the $107 million came from World Liberty Financial LLC, which issues the USD1 stablecoin and sold the WLFI token. Income from the same entity was $34 million in 2024. ABC News reported Wednesday that the filings were obtained by a government watchdog.

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The number is landing in the middle of the fight over the Digital Asset Market Clarity Act. Senate Democrats have refused to advance the market structure bill without a conflict-of-interest provision covering the president and his family, and Republican senators said this week that the bill fails next Tuesday if the White House will not move on that language.

World Liberty said on X in May 2025 that Witkoff was divesting and had no operational role, no financial interest in its deals and no influence on daily decisions. White House spokesperson Anna Kelly reportedly told ABC News on Wednesday that Witkoff has now fully divested and that his prior commercial activities are unrelated to his work ending conflicts. Trump reported $526 million from World Liberty token sales in disclosures filed over the summer, plus another $65 million from selling equity in the venture’s holding company.

Witkoff and Trump were both listed as co-founders emeritus on World Liberty’s site, and the company is run by Zach Witkoff and Trump’s three sons. Senate Democrats have been circling the arrangement for a year, first calling for a probe into UAE chip export decisions that coincided with a $2 billion Emirati investment in World Liberty, then demanding hearings on Sheikh Tahnoon bin Zayed Al Nahyan‘s purchase of a 49% stake. World Liberty recently secured preliminary approval from the administration to operate as a bank.

AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.

Witkoff Reports $107 Million in 2025 Income From Entity That Held His World Liberty Stake

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