welcome
Gizmodo

Gizmodo

Business

Business & Economics

Trump Family's DeFi Project Stocked Up on Crypto Assets Ahead of White House Crypto Summit

Gizmodo
Summary
Nutrition label

63% Informative

President Trump will host the White House Crypto Summit on Friday .

World Liberty Financial purchased $25 million in cryptocurrencies including $10 million in Ether and $1.5 million in MOVE .

The company also announced Thursday that it was entering a “strategic reserve deal” with layer-1 blockchain project SUI, which caused a significant uptick in the value of the coin.

Trump ’s kids run the company, and Zach Witkoff is one of the “industry leaders” invited to the summit.