Donald Trump Reveals Million-Dollar Profit from NFTs and $1 Million in Ethereum
Former U.S. President Donald Trump has made a significant entry into the cryptocurrency market. According to his latest financial disclosure for the upcoming election, Trump reported holding between $1 million and $5 million in Ethereum (ETH).
In addition to his investments in Ethereum, Trump has also profited from selling rights to his image and launching his own NFTs (Non-Fungible Tokens). One of his NFT ventures reportedly earned him $7 million through licensing deals. This involvement in the digital asset space has increased Trump’s appeal among cryptocurrency investors, particularly as he positions himself as a recent advocate of Bitcoin (BTC) and the broader crypto market. Data from Arkham Intelligence suggests that Trump’s Ethereum wallet could be valued at up to $3.6 million.
The interest in cryptocurrencies extends beyond Trump himself. The former First Lady, Melania Trump, has also ventured into the NFT market, generating $330,609 from the sale of her collection.
His eldest son, Donald Trump Jr., announced a new cryptocurrency and DeFi (Decentralized Finance) project.
He also started a Telegram group called “The Defiant Ones,” which gained over 11,000 members in just a few days. This group aims to provide insights into the highly anticipated project from the Trump family.
Cryptocurrencies have become a key issue in the 2024 U.S. presidential election. In a recent interview with Elon Musk on X's Spaces, Trump advocated for less regulation in the cryptocurrency sector.
Meanwhile, Vice President Kamala Harris, likely the Democratic candidate, organized a “Crypto For Harris” event that faced criticism, including from Tyler Winklevoss, who called it a “clown show.” The Winklevoss twins, founders of Gemini, have endorsed Trump by donating $1 million to his campaign.
