Eric Trump deepens his role in digital assets with plans reported to attend a shareholder meeting in Tokyo, public predictions on the Bitcoin Prize and new companies that extend the Crypto of the Trump family in Asia.
Bloomberg reported on Friday that Trump would join a meeting of shareholders of September 1 of Metaplanet, a Japanese company according to the strategy of Michael Saylor (formerly, microstategy) Playbook, quoting familiar people with the question. Trump was appointed strategic advisor in March. His Tokyo judgment will apparently follow an appearance at the Bitcoin Asia conference in Hong Kong on August 28 to 29.
One day earlier, Trump appeared at the Wyoming Blockchain Symposium, where he described himself as a “Bitcoin Maxi” and said that he was now spending more than half of his time in cryptographic projects. He predicted that Bitcoin would reach $ 175,000 by the end of 2025 and end up going beyond $ 1 million. He argued that Bitcoin and Blockchain could tackle the faults of traditional finance, such as slow payments and settlement processes.
The Financial Times reported Onaug. 15 That American Bitcoin – a minor and a cash company co -founded by Eric Trump and his brother Donald Trump Jr. – Explores the acquisitions of companies listed in Japan and Hong Kong to use them as vehicles to store Bitcoin, after the game book, the Pioneraie by Michael Saylor of Microstrategy. The company is preparing to make public in the United States by a reversed merger with Gryphon Digital Mining, listed at NASDAQ. Eric Trump is co-founder and strategy director.
American Bitcoin emerged in May from a reorganization of American data centers, an entity linked to Trump which absorbed the platforms of the Canadian operator Hut 8. The company said that it aims to become the most effective Bitcoin accumulation platform in the world, combining active treasure management with a new production of parts.
The cryptographic ambitions of the trumps extend beyond Eric Trump. Trump Media & Technology Group, Parent of Truth Social, collected more than $ 2 billion in the second quarter to create a Bitcoin treasure. President Donald Trump revealed in June 57 million in the World Liberty Financial income, a crypto startup launched last September.
Together, these movements underline how Eric Trump and his family align with the crypto at a time when Japan and Hong Kong are in competition to attract digital asset companies.
Japan Financial Service Agency (FSA) Will approve the first stablecoin called in yen this fall. Meanwhile, Hong Kong introduced the Stablescoins order, a regulatory framework that requires stable issuers to the Fiat to obtain a license from the Hong Kong Monetary Authority (HKMA).