Trump Family Eyes Ethereum for Business Ventures
Joseph Lubin, Ethereum’s co-founder and the man behind ConsenSys (MetaMask), revealed that the Trump family intends to launch at least one business on Ethereum. Projects on networks like Bitcoin or Solana could also be in the works.
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The announcement was shared on X, where Lubin responded to DCinvestor, who pointed out the Trump family’s involvement in Ethereum with their World Liberty Fi initiative.
Check out:World Liberty Financial Acquires $112.8M in Cryptocurrencies
“Look, i'm no expert… but President Trump has DRAMATICALLY increased his ETH exposure in the past 8 hours… twap'ing like his life depends on it,” DCinvestor remarked.
Joseph Lubin later responded, stating that the Trump administration is likely to adopt policies that benefit the U.S., with Ethereum playing a key role. Lubin also hinted at Ethereum’s potential integration into government frameworks, much like internet and web standards.
Related: Is Ethereum Dead? Why Ether Struggles to Hit New Highs
This speculation arises amid worries that ETH’s growth has stalled compared to its competitors, BTC and Solana. Theories range from Trump’s preference for U.S.-originated cryptocurrencies to concerns about the Ethereum Foundation.
Faced with mounting social pressure from some in the crypto world, Ethereum founder Vitalik Buterin issued a sharp rebuke, making it clear that leadership decisions at Ethereum Foundation are his to make.
“If you “keep the pressure on”, then you are creating an environment that is actively toxic to top talent. Some of Ethereum's best devs have been messaging me recently, expressing their disgust with the social media environment that people like you are creating. YOU ARE MAKING MY JOB HARDER,” Buterin stated.
Read on:Ethereum Foundation Allocates 50,000 ETH to Support DeFi Growth
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