Trump owns $5 million in Ether and earns from NFT licenses.
He has also recently declared his plans to introduce a new NFT collection.
Recent reports reveal that Trump possesses between $1 million and $5 million in Ether and has generated more than $7 million from an NFT licensing deal.
He has also recently declared his plans to introduce a new NFT collection.
According to election disclosures, Donald Trump possesses between $1 million and $5 million in Ether (ETH) and earns substantial income from licensing fees related to non-fungible tokens (NFTs). While the filings do not specify the exact amount of Ether, Arkham Intelligence estimates that Trump's wallet holds approximately $3.6 million.
In addition to his Ether assets, the disclosures reveal that Trump earned $7.15 million from a licensing agreement with a company named NFT INT. Furthermore, former First Lady Melania Trump reported an income of $330,609 from NFT sales.
Data from OpenSea indicates that the Trump Digital Trading Cards have generated over 15,808 ETH in trading volume since their launch. In July, Trump announced plans to release another NFT collection.
While Trump had previously shown support for cryptocurrency, he did not mention it during his X space interview with Elon Musk or in a recent press conference where he covered various campaign-related subjects. Recently, the Trump Organization, responsible for managing Donald Trump's business interests, revealed plans to introduce a cryptocurrency initiative.
Trump seems to be the leading proponent of digital currencies in American politics.
Rather than seeking to regulate this sector through legislation, he is concentrating on capitalizing on the financial potential of NFTs to support the significant expenses of his election campaign. This trend is evident in multiple scenarios. In fact, numerous politicians around the globe take advantage of media exposure to generate wealth and secure prominent government roles.
