Donald Trump Jr. Bets Big on Bitcoin-Fueled Thumzup in Shrewd Social Media Play
Politics meets crypto in a high-stakes power move—Donald Trump Jr. just grabbed a slice of Thumzup, the Bitcoin-obsessed social media upstart shaking up digital engagement. No small potatoes here—this is a calculated dive into the intersection of Web3 and influence.
Why it matters: When establishment names back disruptive tech, markets listen. Trump Jr.’s stake signals more than just personal conviction—it’s a bullish flare for crypto’s mainstream credibility. Even Wall Street dinosaurs are side-eyeing their gold bars now.
The cynical take: Another rich guy playing with speculative toys while retail traders ride the volatility rollercoaster. But love it or hate it—when money and memes collide, attention follows. Game on.
The Trumps and crypto
For the Trump family, the MOVE builds on a steady progression of crypto-linked activity. Beyond their roles at Dominari, Eric Trump recently joined the advisory board of Metaplanet, a Japanese firm known for holding Bitcoin on its balance sheet.
Meanwhile, Trump Media & Technology Group, parent to Truth Social, has raised $2.3 billion with plans to allocate funds toward Bitcoin.
At the same time, their venture World Liberty Financial, launched by Donald Trump and his sons, has issued a stablecoin, recently attracted over $100 million from a UAE fund, and reportedly generated tens of millions in revenue.