Logo
Cardano Ecosystem

Coinotag

today at 8:56 PM

·

0 views


White House Director Invests in XRP and ADA, Suggesting Potential Interest from Trump

White House Director Thomas Thorgersen has disclosed investments in prominent altcoins XRP and ADA, signaling growing institutional interest in cryptocurrencies within U.S. political circles. His holdings, reported via official financial disclosures, are maintained in a Coinbase wallet, reflecting

White House Director Invests in XRP and ADA, Suggesting Potential Interest from Trump
  • White House Director Thomas Thorgersen has disclosed investments in prominent altcoins XRP and ADA, signaling growing institutional interest in cryptocurrencies within U.S. political circles.

  • His holdings, reported via official financial disclosures, are maintained in a Coinbase wallet, reflecting a strategic diversification into digital assets valued between $1,001 and $15,000 each.

  • According to COINOTAG, “Thorgersen’s investment highlights a notable trend of government officials engaging with blockchain technology, potentially influencing future regulatory perspectives.”

White House Director invests in XRP and ADA, highlighting rising crypto adoption in U.S. politics; Trump’s extensive crypto portfolio also revealed in recent disclosures.

White House Director’s Crypto Portfolio: XRP and ADA Investments Spotlight Institutional Adoption

Thomas Thorgersen, Special Assistant to President Donald Trump and Director of the White House Travel Office, recently filed a financial disclosure revealing his cryptocurrency holdings. Notably, Thorgersen owns XRP and Cardano (ADA), two leading altcoins recognized for their robust blockchain ecosystems and growing market capitalization. These assets are stored in a Coinbase wallet and each is valued between $1,001 and $15,000, indicating a measured but meaningful exposure to digital currencies.

This disclosure is significant as it underscores an increasing acceptance of cryptocurrencies by high-ranking government officials. Thorgersen’s background as director of strategic operations for Trump’s 2024 campaign and his role within the Republican National Committee, where he earned a combined $232,000 annually, positions him as a key figure bridging political influence and emerging financial technologies.

President Trump’s Crypto Holdings: A Deep Dive into WLFI and Governance Tokens

In a parallel development, President Donald Trump’s 2025 financial disclosure, filed on June 13, reveals substantial earnings from his crypto venture, World Liberty Financial (WLFI). Trump reported over $57.4 million in income from this decentralized finance (DeFi) project, which he co-manages with his sons, Donald Jr. and Eric Trump. The filing also details his possession of 15.75 billion governance tokens, granting him significant voting power within the WLFI ecosystem.

Although the exact valuation of these tokens remains undisclosed, the reported earnings from token sales highlight the President’s active engagement in the DeFi space. Additionally, Trump’s prior digital initiatives, such as the Trump Digital Trading Cards NFTs, generated $7 million in revenue, demonstrating a diversified crypto portfolio. However, no new NFT income was reported this year, suggesting a strategic shift or pause in this area.

Transparency and Public Disclosure: Enhancing Trust in Political Crypto Investments

Both Thorgersen and Trump have certified their financial disclosures as “true, complete, and correct,” ensuring transparency and public accountability. These filings are accessible via official government platforms, reinforcing the importance of openness in political financial activities, especially concerning emerging asset classes like cryptocurrencies.

Moreover, third-party analytics from Arkham indicate that President Trump holds over $1.5 million in various cryptocurrencies, with a notable investment in the TROG token. This external data complements official disclosures, providing a broader perspective on his crypto exposure and investment strategy.

Potential Future Developments: Ripple CEO Meeting and Crypto Expansion

Speculation surrounds President Trump’s potential plans to expand his crypto holdings, particularly in XRP and ADA. Rumors of an upcoming meeting with Ripple CEO Brad Garlinghouse have fueled discussions about increased engagement with these altcoins. While no official confirmation exists, such interactions could signal strategic moves to leverage blockchain technologies within political and financial frameworks.

These developments warrant close observation, as they may influence regulatory stances and market dynamics, especially given the high-profile nature of the individuals involved.

Conclusion

The recent disclosures by White House Director Thomas Thorgersen and President Donald Trump mark a pivotal moment in the intersection of politics and cryptocurrency. Their investments in XRP, ADA, and DeFi projects like WLFI reflect a growing institutional embrace of digital assets. Transparency through official filings enhances public trust, while potential future engagements with blockchain leaders may further integrate crypto into mainstream political and financial discourse. Stakeholders should monitor these trends closely as they could shape regulatory and market landscapes in the coming years.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

AD

Delegate Your Voting Power to FEED DRep in Cardano Governance.

DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!


Read Original Article on Coinotag

ORIGINAL SOURCE

https://en.coinotag.com/white-house-dire...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from Coinotag

See more
Bitcoin May Retest All-Time High as Altcoins Consolidate and HYPE Shows Uptrend Potential
Coinotag
Bitcoin May Retest All-Time High as Altcoins Consolidate and HYPE Shows Uptrend Potential

today at 6:23 PM

·

1 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)