Crypto News
| Published On Aug 16, 2024 10:39 am CEST | By Ricky Grant

Donald Trump Reports $1M+ in Ether Holdings and NFT Revenue

Share

Election records have shown that Donald Trump, the former president of the United States, owns ether (ETH) valued at $1 million to $5 million. The precise amount of Trump’s Ether ownership is unknown in the documents, but Arkham Intelligence pegs it at about $3.6 million. Trump’s significant participation in the bitcoin space is highlighted by this discovery.

Trump has made $7.15 million via license agreements using non-fungible tokens (NFTs) in addition to his Ether assets. This revenue is the result of a collaboration with NFT INT. Not only that, but Melania Trump, the former First Lady, has made a tidy sum of $330,609 from the sales of her own NFTs.

NFT Trading Volume and Future Plans

The Trump Digital Trading Cards, a notable NFT project, have achieved significant success, with over 15,808 ETH in trading volume recorded since their launch. This high trading volume underscores the popularity and financial impact of Trump’s NFT endeavors. Trump has hinted at further expansion in this realm, revealing plans to release another NFT collection in July.

Trump has not talked much about these interests in public forums lately, despite his prominent involvement with the NFT and cryptocurrency industries. Trump made no reference to his cryptocurrency ownership or NFT operations during an interview with Elon Musk on X space or his press conference that followed, in where he discussed a range of campaign-related subjects.

As of late, the Trump Organization declared that it would start a cryptocurrency project. This action indicates a continuous commitment to exploring new businesses inside the cryptocurrency market and is consistent with Trump’s ongoing involvement in the digital assets space.

Get 125% / $2,500 on 1st deposit!
New players only. Exclusive Welcome Bonus of up to $2,500
Casino & Sports

Ricky Grant

Ricky is a bitcoin enthusiast and understands the significance of cryptocurrencies not just in the iGaming industry but in society. Ricky has a particular interest in the US Casino landscape, and anything related to this. His favorite casino table games are blackjack and baccarat.