Donald Trump Holds Over $1 Million in Ethereum and Earns Income from NFT Licensing
Date: 2024-08-16 Author: Gabriel Deangelo Categories: BUSINESS
According to recent financial disclosures, former US President Donald Trump holds between $1 million and $5 million in Ethereum (ETH). The data also confirms that Trump has earned significant income from NFT licensing.
While the filings do not specify the exact amount of Ethereum, Arkham Intelligence estimates his crypto wallet to be worth $3.6 million. Additionally, the financial filings show that Trump has earned $7.15 million from a licensing agreement with NFT company INT. His wife, Melania Trump, is also reported to have earned $330,609 in income from NFT sales.
Data from OpenSea shows that Trump Digital Trading Cards have seen trading volume exceed 15,808 ETH since their launch. In July, Trump announced plans to release a new NFT collection.
Despite his previous support for cryptocurrencies, Trump did not mention them in a recent X Space interview with Elon Musk or at a recent press conference where he discussed other aspects of his campaign.
Additionally, it was recently revealed that the Trump Organization, a holding company representing Trump's interests, is planning a new cryptocurrency initiative, as previously reported on CoinDesk.
