Former President Trump announces launch of NFT digital trading cards

Yahoo Finance Live takes a look at former President Donald Trump's latest unveil of his line of NFT digital trading cards.

Video Transcript

DAVE BRIGGS: The crypto collapse does not appear to be worrying one major celebrity. Former president Donald Trump launching his own NFT collection. Trump fans will be able to collect limited edition Trump digital trading cards. And Trump being Trump, he shot a commercial for it. Listen.

DONALD TRUMP: These cards feature some of the really incredible artwork pertaining to my life and my career. It's been very exciting. You can collect your Trump digital cards just like a baseball card or other collectibles.

DAVE BRIGGS: The cards will cost $99, and you can pay for it with your credit card or crypto. I apologize for the laughter. This is not about politics. That just appeared like a parody ad, but it is real.

SEANA SMITH: It is real. And I think that also speaks to maybe where we are in crypto right now because when you take a look at the NFT market more specifically, it's fallen off a cliff. I don't think that is the notion, or really, the sign for you to get back into the NFT market if you were, in fact, in it. Donald Trump, he's not selling me at least.

DAVE BRIGGS: That is the strangest timing.

SEANA SMITH: It's very strange.

DAVE BRIGGS: I have-- I mean, listen, that would probably sell like--

SEANA SMITH: Maybe trying to capitalize on all--

DAVE BRIGGS: --hotcakes years ago, but--

SEANA SMITH: Yeah.

DAVE BRIGGS: --that timing is bizarre, to say the least.

SEANA SMITH: Maybe all the drama around crypto, he's trying to drum up some of the attention.

DAVE BRIGGS: Whew.

SEANA SMITH: We know he loves that. So an interesting timing, though, to say the least.

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