Key Takeaways
- Trump denies profiting from TRUMP token despite $350M revenue.
- Two Trump-linked entities control 80% of the token supply.
- The first token unlock was valued at $454 million on April 18.
In an NBC “Meet the Press” interview aired May 4, former President Donald Trump pushed back on accusations that he’s profiting from crypto ventures while in office, insisting…
… I’m not profiting from anything.
TRUMP Token and Its Value
When pressed by host Kristen Welker about the TRUMP token, launched just before his second term began, Trump responded:
I haven’t even looked.
He appeared unaware of its current value.
He asked during the interview:
How much is it worth now?
The TRUMP token debuted on January 17 and briefly spiked to $73.43 before falling nearly 85%.
It currently trades around $11.35.
Control and Release of TRUMP Tokens
Two entities tied to Trump — CIC Digital LLC and Fight Fight Fight LLC — control 80% of the token’s 1 billion supply.
According to filings, the tokens are locked and scheduled for release through 2028. The first 40 million tokens, worth $454 million, were unlocked on April 18.
Financial Analysis and Criticism
A Financial Times analysis estimated that Trump’s crypto ventures have already generated at least $350 million — $314 million from token sales and $36 million in fees.
Despite criticism from both parties, Trump declined to say whether he’d donate any crypto proceeds.
He said:
Should I contribute all of my real estate that I’ve owned for many years if it goes up a little bit because I’m president? I don’t think so.
Trump’s Stance on Bitcoin
Trump reiterated his stance on Bitcoin, saying:
I want crypto… it’s very popular, it’s very hot.
