-
Former
president
Donald
Trump
planning
to
release
a
fourth
NFT
collection,
according
to
a
Bloomberg
interview. -
Trump
has
pivoted
to
embracing
the
crypto
industry,
saying
“if
we
don’t
do
it,
China
is
going
to
pick
it
up.”
Donald
Trump
plans
to
release
a
fourth
NFT
collection,
according
to
a
wide-ranging
interview
with
the
former
president
published
in
Bloomberg
Businessweek
on
Tuesday.
In
the
interview,
Trump
said
his
previous
collections
were
“very
successful”
and
sold
out
in
a
day:
“The
whole
thing
sold
out:
45,000
of
the
cards.
And
I
did
it
three
times
[and]
I’m
going
to
do
another
one,
because
the
people
want
me
to
do
another
one.
It’s
unbelievable
spirit.
Beautiful.”
Trump
previously
teased
the
idea
of
releasing
a
fourth
NFT
collection
at
a
gala
for
his
mugshot
NFT
holders
at
Mar-a-Lago
in
May,
but
was
non-committal
at
the
time,
saying
“I
believe
in
supply
and
demand.
And
as
you
know,
one
did
great,
two
did
great,
three
did
great.
At
some
point
maybe
that
turns
around.”
But
as
the
crypto
industry
continues
to
rally
behind
Trump’s
reelection
campaign,
the
former
president
seems
to
be
growing
more
comfortable
embracing
NFTs
and
crypto.
In
May,
Trump’s
campaign
began
accepting
crypto
donations.
A
Tuesday
report
from
the
Wall
Street
Journal
citing
new
data
from
the
Federal
Election
Commission
(FEC)
found
that,
of
the
roughly
$331
million
raised
by
Trump’s
election
campaign
last
quarter,
about
$3
million
was
in
crypto.
Yesterday,
Trump
announced
pro-Bitcoin
senator
J.D.
Vance
(R-Ohio)
as
his
choice
for
running
mate.
Major
players
in
the
crypto
industry,
including
Kraken
co-founder
Jesse
Powell
and
Gemini
co-founders
Tyler
and
Cameron
Winklevoss
have
donated
hefty
sums
to
Trump’s
reelection
campaign
and
related
super
PACs,
including
the
new
Trump-focused
America
PAC
and
pro-crypto
Fairshake.
“It’s
not
going
away.
It’s
amazing,”
Trump
said
to
Bloomberg
Businessweek
about
crypto,
adding
that
he’s
“gotten
to
know
a
lot
of
people”
from
the
crypto
industry
at
his
fundraisers,
calling
them
“top-flight
people.”
Once
an
outspoken
crypto
skeptic,
Trump
told
Bloomberg
Businessweek
that
he’s
pivoted
to
embracing
the
industry
because
“if
we
don’t
do
it,
China
is
going
to
pick
it
up
and
China’s
going
to
have
it
– or
somebody
else,
but
most
likely
China.
China’s
very
much
into
it.”
“We
have
a
good
foundation,”
Trump
said
of
the
U.S.
crypto
industry.
“It’s
a
baby.
It’s
an
infant
right
now.
But
I
don’t
want
to
be
responsible
for
allowing
another
country
to
take
over
this
sphere.”