Former U.S. President Donald Trump holds between $1 million and $5 million in Ethereum, with additional income from non-fungible token (NFT) licensing fees, according to recent election disclosures.
Although the filings only specify a general range for his Ethereum holdings, data from Arkham Intelligence estimates the value at around $3.6 million.
In addition to his cryptocurrency holdings, Trump reported earning $7.15 million through a licensing agreement with NFT INT, a firm linked to the Trump Digital Trading Cards. His wife, former First Lady Melania Trump, reportedly earned $330,609 from NFT sales.
Data from OpenSea reveals that 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.
Despite his previous endorsement of cryptocurrency, Trump did not mention crypto in a recent X space interview with Elon Musk or during a press conference where he discussed various campaign issues.
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Separately, the Trump Organization, which manages Trump’s business ventures, is set to launch a new cryptocurrency initiative, according to a report by the New York Post.
Eric Trump, the former president’s son and executive vice president of the Trump Organization, hinted at the upcoming project but withheld specific details, suggesting it might involve “digital real estate” and could enable lending and borrowing of funds.
Earlier this month, Eric Trump voiced his support for crypto on X, stating, “I have truly fallen in love with Crypto / DeFi. Stay tuned for a big announcement.” He described the initiative as a potential disruptor in the banking and finance sectors, emphasizing its accessibility and potential to offer financial independence.
Eric Trump also noted the challenges the Trump family has faced, citing financial discrimination and the desire for a financial system that doesn’t adhere to the traditional banking framework. “That day’s coming soon,” he told the Post.
