Cash News
US presidential candidate and former president Donald Trump reportedly holds over a million dollars in Ethereum (ETH), according to a financial disclosure obtained by Citizens for Ethics. The disclosure shows Trump’s cryptocurrency wallet contains between $1 million and $5 million worth of Ethereum, stored in a hardware wallet.
The Citizens for Ethics report also highlights Trump’s financial gains from NFTs. He earned over $7.15 million through a licensing agreement with NFT INT, LLC, responsible for creating the “Trump Digital Trading Cards.” These NFTs, launched in December 2022 and April 2023, depict Trump in various heroic and fantastical scenarios and initially offered perks like potential meet-and-greets.
In addition to Ethereum, Trump has earned over $7.15 million from an NFT license agreement. Arkham Intelligence estimates Trump’s cryptocurrency holdings at $3.6 million, including $1.29 million in Ethereum, $986,000 in Wrapped Ethereum, and $372,000 in the meme coin Trog, which features a frog in a MAGA hat.
In June, Arkham reported that Trump’s public wallet held over $20 million worth of cryptocurrencies, after being airdropped half the supply of TROG. Despite these cryptocurrency assets, Forbes values Trump’s net worth at $7.5 billion, making his crypto holdings a mere 0.067% of his total wealth.
Trump has positioned himself as a pro-crypto candidate for the 2024 U.S. presidential election. His campaign promises include ending the current administration’s “anti-crypto crusade,” firing SEC Chair Gary Gensler, and building a strategic Bitcoin reserve.
While crypto is not a core goal in the Republican Party’s 2024 platform, Trump continues to advocate for the digital asset industry. Meanwhile, his Democratic rival, Kamala Harris, has not publicly addressed cryptocurrency. According to Polymarket, Harris’ odds of winning the US presidential race fell sharply over the weekend and is now only 2% ahead of Trump.