Former US President Donald Trump recently revealed intriguing details about his NFT involvement in a revised financial disclosure form filed with the Office of Government Ethics, detailing $1 billion in revenue.
In the filing, Trump disclosed his ownership of CIC Digital LLC, which acquires licensing payments for the use of Trump’s persona on nonfungible tokens (NFTs). According to Bloomberg, the company has a crypto wallet with a substantial value between $250,000 and $500,000.
This revelation highlights Trump’s entry into the NFT market and demonstrates the former president’s interest in leveraging his image and brand in the digital asset space. It is worth noting that Trump has two series of NFTs on the market, with the price of the original collection plummeting by more than 60% after the unveiling of the second.
Meanwhile, Trump’s media ventures include his ownership stake in Trump Media and Technology Group, valued between $5 million and $25 million.
The revelation shed light on the group’s revenue streams, which include more than $1 million in ad revenue from a conservative live-streaming site. In addition, Trump reported receiving $12.6 million in payments for speaking engagements, including $1.4 million earned from a live tour with an American journalist.
The revelations provide insight into Trump’s evolving financial pursuits, which also include a significant $284.5 million income from the sale of his Washington hotel, as well as management income of more than $1 million from his Dubai golf course.
