- Trump’s Ethereum stake grew 10% in 2024, increasing his digital asset value.
- The WLFI token sale faced low interest, reaching only half of its revised funding target.
- Market watchers suggest Trump’s administration could drive crypto growth through regulation.
President elect Donald Trump’s financial disclosure highlights gains in Ethereum and NFTs while revealing mixed results for his decentralized finance venture, World Liberty Financial . Trump earned millions from his NFT deals and holds an essential Ethereum stake, yet his DeFi project faced reduced investor interest as the token sale missed its initial funding goals.
Trump’s Growing Digital Portfolio
Trump’s digital investments include Ethereum and NFTs, which gained value this year and boosted his finances. His Ethereum holding valued between $1 million and $5 million has increased by about 10% this year. Additionally, Trump’s NFT licensing deal, which generated $7.2 million, shows the growing importance of digital assets in his portfolio. In 2022, Trump launched an NFT collection, portraying himself in various roles like an astronaut and cowboy; priced at $99 each, the digital cards sold out within a day.
The next president of the United States owns Ethereum. pic.twitter.com/GzS5VQYujr
— Altcoin Daily (@AltcoinDailyio) November 8, 2024
Bitcoin, by comparison, gained 32% this year while the S&P 500 rose 17%, making Trump’s Ethereum gains significant though modest against broader market benchmarks.
WLFI’s Token Sale Experiences Limited Demand
Despite Trump’s success with digital collectibles, the DeFi project backed by his family encountered limited demand from investors. WLFI had initially aimed to raise $300 million through its token sale; however, this goal was scaled down to $30 million by October 31 after low investor interest. So far, the project has raised $15.3 million, achieving only half the adjusted target.
The WLFI project still holds considerable assets despite reduced fundraising success. Blockchain data shows the project wallet retains over 4,000 ETH and about $4.2 million in stablecoins. Ethereum’s recent 16% rise has added value to WLFI’s holdings, raising the project’s total from $15.3 million to $16.25 million. While WLFI’s initial goals were lowered, the asset gains offer some positive outlook for the project’s future.
Prospects for Ethereum Amid Market Changes
After Trump’s recent election victory, Bitcoin surged to new highs, reaching $75,000, as investor sentiment turned more positive. While Bitcoin draws attention, some analysts believe Ethereum could excel over the coming years. Does the regulatory shift under Trump’s administration signal stronger growth for Ethereum?
At the same time, the Ethereum Foundation’s treasury balance declined by 39% to $970 million since early 2022, a shift influenced by market dynamics and development investments.
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