Trump’s emphatic vow that the U.S. is dominating in crypto and bitcoin supercharges the digital asset space, fueling unstoppable momentum toward American-led global blockchain dominance.
Trump Promises Total US Crypto Supremacy
U.S. President Donald Trump voiced strong confidence in America’s dominance in cryptocurrency on his social media platform Truth Social on May 22, ahead of a private crypto event Thursday night. The dinner, held at Trump National Golf Club near Washington D.C., gathered prominent crypto holders and influencers.
“Heading to the crypto dinner in Loudon County, Virginia, in a little while,” Trump wrote, signaling both his support for the industry and America’s leadership aspirations in the digital asset space. The president stressed:
The U.S.A. is DOMINATING in crypto, bitcoin, etc., and we are going to keep it that way!
Trump’s crypto dinner was a lavish black-tie affair, exclusively reserved for the top 220 holders of his TRUMP meme coin. The event, which featured a special VIP reception for the top 25 token holders, highlighted the deep intertwining of politics and cryptocurrency. Attendees reportedly contributed around $148 million collectively, with some, like Justin Sun, investing upwards of $18 million. The gathering drew sharp scrutiny from some Democratic lawmakers, such as Senators Elizabeth Warren and Jeff Merkley, who criticized the potential for foreign influence and ethical concerns, especially given that Trump-linked entities control the majority of the token supply.
White House Press Secretary Karoline Leavitt said attendee names would not be disclosed when asked by a reporter, emphasizing that “the president is attending it in his personal time.” The New York Times reported that several attendees “said that they attended the event with the explicit intent of influencing Mr. Trump and U.S. financial regulations.”
However, some participants left feeling underwhelmed. Fox Business journalist Eleanor Terrett noted that while guests praised the food, they were frustrated by the lack of direct engagement with Trump. “He just gave a few remarks and left,” one attendee stated. Those hoping for a question-and-answer segment or deeper dialogue received only a brief affirmation of Trump’s crypto policy stance before the president departed.
While detractors raised concerns about political favoritism and opaque donor influence, advocates argue that Trump’s involvement reflects growing political acceptance of bitcoin and blockchain innovation. They maintain that such high-level attention could foster clearer crypto policy direction.
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XRP Key in SEC Filing as Webus Builds Treasury Engine
XRP roars into the institutional spotlight as Webus unveils a $300 million digital asset framework, unlocking next-level treasury infrastructure with regulatory clarity and elite execution.
Webus Files With SEC to Establish XRP Treasury Engine
Webus International Ltd. (Nasdaq: WETO) disclosed key details of its Delegated Digital-Asset Management Agreement with Samara Alpha Management LLC through a Form 6-K filing submitted to the U.S. Securities and Exchange Commission (SEC) on June 3. The SEC filing also includes the company’s announcements regarding its XRP treasury plan on May 29 and June 2.
The agreement, executed on May 28, grants Samara Alpha discretionary authority over a potential $300 million portfolio of digital assets, principally XRP, pending activation upon the transfer of assets to designated custody wallets. This filing marks a significant step in Webus’s strategic positioning around digital asset treasury infrastructure while affirming regulatory transparency. The company emphasized the institutional rigor of the partnership, stating:
This strategic framework … is designed to provide Webus with institutional-grade infrastructure and expertise for potential future digital asset treasury operations, specifically focused on XRP management.
Webus confirmed that no funds or assets have yet been transferred, and that Samara Alpha’s obligations begin only upon asset delivery. Critically, the agreement also limits exposure: “The aggregate value of the managed assets under this Agreement shall not exceed US$300,000,000 unless otherwise agreed in writing by both parties.”
Custody arrangements will be executed via multi-signature wallets, with Webus retaining key access and Samara Alpha lacking unilateral withdrawal authority. Fee terms include a 2% annual management fee, a 20% performance fee on net profits above a high-water mark, and an 80/20 staking reward split favoring Webus. The contract, governed by New York law, is set for a three-year term following activation and allows termination with cause or notice. By structuring this digital asset initiative through an SEC-registered investment adviser and codifying protections such as custody controls and risk-defined discretion, Webus signals its intention to cautiously enter the digital asset space without compromising institutional governance.
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