Former U.S. President Holds $2.8 Million in ETH: Fresh Disclosures

Donald Trump Holds $2.8 Million in ETH, Disclosures Reveal

Recent disclosures have shown that former U.S. president Donald Trump holds $2.8 million in ETH, indicating that he is more invested in cryptocurrency than previously known. The documents, received by governmental ethics watchdog Citizens for Responsibility and Ethics in Washington, also revealed that Trump earned $4.87 million in licensing fees from his NFT collection. Despite being a crypto skeptic when he was president, Trump launched a non-fungible token (NFT) project called Trump Digital Collectible Cards last year. The news comes amidst increasing attention on cryptocurrencies in U.S. politics, with candidates for the 2024 presidential election expressing their positions on digital assets.

Key Points:

Donald Trump holds $2.8 million in ETH, according to recent disclosures.
He also earned $4.87 million in licensing fees from his NFT collection.
Earlier filings showed Trump disclosed up to $500,000 in digital assets.
Trump launched a non-fungible token (NFT) project called Trump Digital Collectible Cards.
Other presidential candidates have expressed their positions on cryptocurrencies.

Is this Trump’s wallet?

Blockchain research firm Arkham Intelligence claims to have identified what appears to be Trump’s crypto wallet on the Ethereum blockchain. The address 0x94845333028B1204Fbe14E1278Fd4Adde46B22ce is believed to belong to Trump and holds a total of $2.8 million in ETH. Trump also has minor holdings in wETH, MATIC, and USDC stablecoin.

Hot Take:

These disclosures highlight Trump’s significant investment in cryptocurrency, contradicting his previous skepticism. It also underscores the growing importance of digital assets in U.S. politics, with candidates expressing their stances on cryptocurrencies and blockchain technology. As the 2024 presidential election approaches, the role of crypto in the political agenda will likely continue to expand.