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Trump Owns Nearly $5M in Ethereum, NFT License Fee Revenue Nearly $4.9M

By Simon LawsonAugust 16, 20232 Mins Read
Trump Owns Nearly $5M in Ethereum, NFT License Fee Revenue Nearly $4.9M
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According to the latest certified financial disclosure information for 2023 released by the Washington-based Citizens for Responsibility and Ethics, former U.S. President Donald Trump’s Ethereum ETH 0.03% holdings and NFT revenue from his personal brand are both growing.

The documents show that Trump has as much as $5 million worth of ether in his wallet, with detailed entries specifically listing income of $2.8 million.

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The disclosure also revealed that Trump earned $4.9 million from an NFT licensing agreement with NFT INT LLC, the company behind two separate NFT offerings that has secured millions in sales and royalties usage fee.

The Trump NFT, which sells for $99, was first released late last year and the second in April.

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According to OpenSea data, the transaction volume of the first series has exceeded 26 million US dollars.

Although the $2.8 million earned by Trump in the disclosure documents is very close to the amount held in the four wallets associated with the NFT collection, NFT INT LLC states on its digital trading card website that it is a separate entity.

According to the website, “NFT INT LLC is not owned, managed, or controlled by Donald J. Trump, The Trump Organization. NFT INT LLC is using Donald J. Trump under a paid license from CIC Digital LLC. Trump’s name, likeness and image.”

Trump is listed as the manager, president, secretary and treasurer of CIC Digital LLC, according to a disclosure released by CREW.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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Simon Lawson
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Simon Lawson has been a professional financial reporter for 6 years. He has in-depth research on the crypto industry and will release major crypto news in a timely manner.

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