Donald Trump Reveals $5M in Crypto Holdings, Nets $7M from NFT Foray
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Ex-president Donald Trump has investments in crypto worth up to $5m and earned more than $7m from his venture into non-fungible tokens (NFTs), according to financial disclosures for the 2024 election.
Based on the disclosures that the Citizens for Ethics group obtained, Trump reported owning Ether ranging in value from $1m to $5m.
However, Arkham Intelligence has pinpointed Trump’s holdings more precisely, indicating his wallet contains $3.6m in crypto. These include $1.29m in Ether and $989k in wrapped Ether. It’s unclear if Trump has increased his crypto investment or if his holdings grew due to Ethereum’s recent price rise.
His continued involvement with digital assets aligns with his pro-crypto promises for the election, while his family is also gearing up to enter the cryptocurrency market. His son, Donald Trump Jr., has started a Telegram channel named “The DeFiant Ones,” hinting at an upcoming reveal of the Trump family’s much-anticipated venture into the space.
In the disclosure, Trump reported receiving about $7.2m from a licensing deal with NFT INT, LLC. The company markets digital NFT “trading cards” featuring the former president. His earnings from this agreement have surged from about $300,000 a year ago.
BREAKING: CREW has obtained Donald Trump's new financial disclosures.
Read them here: https://t.co/MZdmQiliPC
US presidential candidates must file personal financial disclosures to ensure transparency and accountability. These disclosures help show that candidates have no conflicting interests that could influence their policy decisions if elected.
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