Donald Trump Jr. has invested $4 million in the crypto-focused startup Thumzup Media Corp., despite its minimal revenue.
Thumzup plans to allocate up to 90% of its liquid assets to Bitcoin and other cryptocurrencies, with a diversified portfolio including Ethereum, Solana, Dogecoin, and more.
The Trump family, including Donald Trump Jr. and Eric Trump, is increasing its involvement in the crypto space, advising companies like Dominari Securities and Metaplanet, and exploring investments in Bitcoin-related ventures.
The move represents a shift in the Trump family's stance on cryptocurrency, from skepticism to active participation, aiming to tap into financial opportunities and engage with the growing base of digital asset enthusiasts.