CandleFocus Trump’s Digital Assets See Gains as DeFi Venture Struggles to Reach Targets
2024-11-09
Author: Content Editor
President-elect Donald Trump has seen gains in his investments in Ethereum and NFTs, while his decentralized finance venture, World Liberty Financial, has faced reduced investor interest. Trump's Ethereum holdings, valued between $1 million and $5 million, have increased by about 10% this year, and he earned $7.2 million from an NFT licensing deal. However, his DeFi project has struggled to meet its funding goals, raising only $15.3 million out of an adjusted target of $30 million. Despite this, the project still holds assets worth over $16 million. Meanwhile, some analysts believe Ethereum could see stronger growth under Trump's administration, while the Ethereum Foundation's treasury balance has declined by 39% to $970 million.
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