Eric Trump's appointment to Metaplanet's board triggered a significant stock rise. President Donald Trump reaffirmed his commitment to the crypto industry at the Blockworks Digital Asset Summit. Trump-linked Renatus Tactical Acquisition Corp I plans to acquire a US-based crypto firm.
Eric Trump and Metaplanet
Metaplanet, a Bitcoin-stacking firm in Japan, has appointed Eric Trump to its strategic advisory board, enhancing their mission to lead in the Bitcoin economy. With his business experience and devotion to Bitcoin, the company sees his role as pivotal in their expansion strategy.
Donald Trump's Speech at the Summit
During the Blockworks Digital Asset Summit, President Donald Trump reiterated his goal to make the US the crypto capital, emphasizing stablecoins' role in supporting the US dollar. Despite the administration's support, the summit received mixed feedback, with criticism focusing on state-backed tokens over decentralization.
Crypto Deals by Renatus Tactical Acquisition
Executives from Trump Media & Technology Group lead Renatus Tactical Acquisition Corp I, aiming to acquire a US-based crypto firm. Despite government backing, their proximity to Trump Media poses challenges in partnering with other companies.
As a key industry player, Metaplanet is reinforcing its position amid Eric Trump's appointment. Trump administration's policies spark debate, but the crypto industry continues to evolve, making it's crucial to watch for future developments.
