Trump boosts Bitcoin ties 🤝

The former president brings a big-name Bitcoin believer into his inner circle.

Author

Ryan Ozawa
August 16, 2024

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📝 What you need to know

Donald Trump continues to infuse his campaign with crypto vibes. The former president has brought Cantor Fitzgerald CEO Harold Lutnick aboard as the co-chair of his transition team in anticipation of victory in November’s election. In addition to leading one of the biggest firms on Wall Street, Lutnick is a fan of Bitcoin—and spoke at Bitcoin 2024 in Nashville last month.

Trump separately revealed that he holds up to $5 million in crypto—Ethereum, specifically—in a new financial disclosure filing. He’s also brought in over $7 million from NFT licensing.

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💬 Quote of the Day

❝

“I am a fan of crypto. But let's be very specific:
Bitcoin. Just Bitcoin.”

— Howard Lutnick, Cantor Fitzgerald CEO

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