Donald Trump's latest financial report reveals he owns around $5 million in cryptocurrencies and has earned over $7 million from NFTs through a deal with NFT INT.
This disclosure, which was shared by Citizens for Ethics, highlights Trump’s shift from initial skepticism about crypto to a more supportive stance.
The records show Trump’s cryptocurrency investments are largely in Ethereum, with estimated holdings between $1 million and $5 million.
Arkham Intelligence further details that Trump’s portfolio includes $3.55 million in Ethereum, wrapped Ethereum, and USDC, along with some meme coins like MAGA and FIGHT. His crypto assets peaked at $18 million in June during a surge in the TRUMP meme coin’s value.
Trump has also gained $7.15 million from NFT projects, including trading cards and a limited-edition sneaker. Looking ahead, Trump and his team are working on new crypto and NFT initiatives, with Eric Trump teasing a project that may involve digital real estate.
Trump’s involvement in crypto has led to increased risks for his supporters, exemplified by the recent RTR coin scam, which falsely advertised itself as an official Trump-related token. Despite this, there remains strong interest in authentic Trump-associated crypto projects.
Jefferies chief market strategist David Zervos believes an upcoming power shift at the Federal Reserve could benefit U.S. equity markets.
Anchorage Digital, a federally chartered crypto custody bank, is urging its institutional clients to move away from major stablecoins like USDC, Agora USD (AUSD), and Usual USD (USD0), recommending instead a shift to the Global Dollar (USDG) — a stablecoin issued by Paxos and backed by a consortium that includes Anchorage itself.
Ethereum co-founder Vitalik Buterin has voiced concerns over the rise of zero-knowledge (ZK) digital identity projects, specifically warning that systems like World — formerly Worldcoin and backed by OpenAI’s Sam Altman — could undermine pseudonymity in the digital world.
A new report by the European Central Bank (ECB) reveals that digital payment methods continue to gain ground across the euro area, though cash remains a vital part of the consumer payment landscape — particularly for small-value transactions and person-to-person (P2P) payments.