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Trump’s NFT and Cryptocurrency Ventures: A Multimillion-Dollar Revelation

Barbara by Barbara
08/17/2024
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In a recent financial disclosure by the government oversight group CREW, Republican presidential candidate Donald Trump’s substantial investments in cryptocurrency and NFT royalties have come to light. The report reveals that Trump holds between $1 million and $5 million in Ethereum cryptocurrency, while his NFT royalties surpass $7 million.

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The disclosure does not specify the exact amount of cryptocurrency Trump owns, but data from Arkham Intelligence estimates his holdings to be approximately $3.6 million. This includes 492.62 Ether coins valued at around $1.31 million, 377.41 WETHs worth about $1 million, and various other digital assets.

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In addition to his cryptocurrency portfolio, Trump has accrued $7.15 million from NFT secondary sales through NFT INT LLC. Since 2022, Trump has released three NFT collection cards via this issuer. According to OpenSea, Trump’s NFTs have seen a transaction volume exceeding 15,808 Ether coins, roughly translating to $41.3 million. In July, Trump hinted at launching a new series of NFT collection cards.

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Eric Trump, Donald Trump’s second son, has recently disclosed to the American media that the Trump Organization is preparing to enter the cryptocurrency sector. The family business is exploring potential projects in “digital real estate,” signaling an expansion into new digital assets.

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