Thursday, June 5, 2025
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home World Liberty Financial

Trump team plans launch of digital wallet as crypto empire keeps expanding

cryptonews100_tggfrn by cryptonews100_tggfrn
June 3, 2025
in World Liberty Financial
0
Trump team plans launch of digital wallet as crypto empire keeps expanding
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!


President Donald Trump’s crypto branding machine reveals no signal of slowing down. On Tuesday, the team behind the $TRUMP memecoin unveiled a wait list and X account for a forthcoming crypto wallet—the time period for apps the place customers can retailer and swap cryptocurrencies, NFTs, and different belongings issued on blockchains.

In response to the web site, the wallet is being supplied in partnership with Magic Eden, a preferred NFT market. Magic Eden will use Slingshot Finance, a agency it lately acquired, to energy the wallet, in line with the location’s privateness coverage as properly as phrases and circumstances.

“Most U.S. customers (and mainstream customers worldwide) use centralized exchanges as we speak, however we all know that the most recent metas on crypto occurs onchain,” Jack Lu, the CEO of Magic Eden, mentioned in a statement on X, confirming the information.

Lu added that customers will be capable to use the Trump wallet to commerce cryptocurrencies like Bitcoin and Ethereum, with “extra enjoyable use instances coming quickly.”

Invoice and Dylan Zanker, the father-and-son duo behind Trump’s memecoin, didn’t reply to a request for remark. Molly White, a outstanding crypto researcher and critic, was the first to report the wallet’s existence.

Eric Trump and Don Jr., the president’s sons and leaders of one other Trump-branded crypto challenge, mentioned on X that they had no data of the wallet’s launch. “I run @Trump and I do know nothing about this challenge!” posted Eric, referring to the Trump Group, the president’s actual property enterprise.

The launch of a Trump-branded crypto wallet is only one of a slew of Trump-branded crypto merchandise launched previously yr. There’s the president’s NFT collection, his sons’ DeFi utility referred to as World Liberty Financial, memecoins issued by him and his spouse, a Trump-branded stablecoin, a brand new Bitcoin-mining firm, and a forthcoming video game. That’s to not point out that Trump Media & Know-how Group, his social media firm that went public in 2024, has additionally dipped into crypto with a latest Bticoin treasury play.

A slew of lawmakers and ethics specialists have repeatedly alleged that the President’s launch of crypto merchandise represents one of the obvious instances of conflicts of curiosity in presidential historical past.

Trump’s administration has instructed the Securities and Change Fee and the Division of Justice to loosen oversight of the crypto business. The forty seventh president has additionally authorized the creation of a strategic Bitcoin reserve and exhorted lawmakers to move payments on the regulation of crypto and stablecoins, or cryptocurrencies pegged to real-world belongings just like the U.S. greenback.

Related articles

A Tiny Fintech Firm Is Launching $100M Crypto Treasury Strategy, Including BTC, ETH

A Tiny Fintech Firm Is Launching $100M Crypto Treasury Strategy, Including BTC, ETH

June 5, 2025

Trump’s crypto firms spar with each other over rogue wallet announcement | Technology

June 5, 2025

Lower than two weeks in the past, protesters gathered at a dinner for the highest holders of Trump’s memecoin in a Trump golf membership outdoors of Washington, D.C. Because the memecoin attendees filed in, the protesters shouted “disgrace” for what they referred to as a transparent pay-for-access scheme.

“Trump’s crypto companies represent one of essentially the most corrupt improvements in American political historical past,” Robert Weissman, co-president of the nonprofit Public Citizen, which organized the protest, beforehand told Fortune.

Replace, June 3, 2025: Added in that Trump’s sons mentioned that they had no data of the crypto wallet being launched by the president’s memecoin team.

This story was initially featured on Fortune.com



Source link

Tags: cryptodigitalempireexpandingLaunchplansTeamTrumpwallet
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

A Tiny Fintech Firm Is Launching $100M Crypto Treasury Strategy, Including BTC, ETH

A Tiny Fintech Firm Is Launching $100M Crypto Treasury Strategy, Including BTC, ETH

by cryptonews100_tggfrn
June 5, 2025
0

Treasure World (TGL), a publicly traded e-commerce and fintech agency, stated it should make investments as much as $100 million...

Trump’s crypto firms spar with each other over rogue wallet announcement | Technology

by cryptonews100_tggfrn
June 5, 2025
0

A splashy web site that includes an illustration of Donald Trump, trying buff and pumping his fist within the air,...

Trump-Tied Project AirDrops WLFI Holders

Trump-Tied Project AirDrops WLFI Holders

by cryptonews100_tggfrn
June 5, 2025
0

The highest tales and greatest reveals within the blockchain world, delivered day by day from the staff at CoinDesk. Host...

Legacies of the four-day Indo-Pakistan war

Legacies of the four-day Indo-Pakistan war

by cryptonews100_tggfrn
June 4, 2025
0

The transient but intense escalation of hostilities between India and Pakistan final month has additional uncovered the fragile nature of...

World Liberty Financial Airdrops USD1 Stablecoins to Verified WLFI Holders

World Liberty Financial Airdrops USD1 Stablecoins to Verified WLFI Holders

by cryptonews100_tggfrn
June 4, 2025
0

TL;DR Airdrop Launch: World Liberty Financial distributed 47 USD1 stablecoins to every verified WLFI token holder, reinforcing group engagement and...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

Cryptocurrency Mining Global Strategic Business Report

June 5, 2025
Ethereum looks unlikely to break $3,000 in the near term as network activity stays sluggish

Ethereum looks unlikely to break $3,000 in the near term as network activity stays sluggish

June 5, 2025
Trump Media seeks to launch ‘Truth Social bitcoin ETF’

Trump Media seeks to launch ‘Truth Social bitcoin ETF’

June 5, 2025

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • Litecoin
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (48) Altcoins (23) Bitcoin (140) blockchain (22) BNB (23) BTC (47) Buy (58) Cardano (71) ChainLink (48) coin (28) crypto (197) Cryptocurrency (59) Detail (36) DOGE (45) Dogecoin (65) ETF (35) ETH (48) Ethereum (90) finance (22) flash (37) hits (22) Inu (51) Launch (23) launches (23) Link (28) market (47) News (93) Polkadot (46) POLYGON (28) prediction (38) price (135) rally (32) RWA (33) SEC (23) SHIB (29) Shiba (54) SOL (44) Solana (82) Sui (61) Surge (22) top (55) trading (24) TradingView (27) Trump (50) XRP (112)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.