Editor's PiCK
"Is the Trump Family Entering the DeFi Business?…Purchases Ethereum Worth 362.3 Billion KRW"
Minseung Kang
Summary
- The Trump family is reportedly exploring entry into the DeFi business by purchasing a large amount of Ethereum.
- According to Joseph Lubin, the Trump family's project aims to establish a DeFi business.
- The Trump family is planning a large-scale project based on Ethereum.
The Trump family is reportedly purchasing a large amount of Ethereum (ETH) to establish a DeFi (Decentralized Finance) business.
On the 31st, Joseph Lubin, co-founder of Ethereum and founder of Consensys, stated on X (formerly Twitter), "As far as I know, the Trump family's project seems to have recently purchased more than $250 million (approximately 362.3 billion KRW) worth of Ethereum to establish a DeFi business."
Previously, on the 21st, he mentioned that the Trump family is planning one or more large-scale projects based on Ethereum.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![Dow Tops 50,000 for First Time Ever as “Oversold” Narrative Spreads [New York Stock Market Briefing]](https://media.bloomingbit.io/PROD/news/1c6508fc-9e08-43e2-81be-ca81048b8d11.webp?w=250)
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