What to watch out for at Trump's cryptocurrency summit and who's attending?

Compiled by Tao Zhu, Golden Finance

On February 28, 2025, the White House announced that Trump will host and deliver a speech at the first White House Cryptocurrency Summit on Friday, March 7. Participants will include well-known founders, CEOs and investors in the cryptocurrency industry, as well as members of the President's Digital Asset Task Force. The summit will be hosted by White House A.L. and cryptocurrency czar David Sacks, and managed by Bo Hines, executive director of the task force. Crypto Czar Sacks said that “prominent founders, CEOs and investors in the crypto industry” will meet with members of Trump’s Digital Asset Task Force at the White House, presumably to discuss policy issues related to crypto and blockchain, as well as potential regulatory frameworks.

For more information, please refer to the Golden Finance article: 《White House Cryptocurrency Summit Outlook: Policy Reset Hope and Uncertainty Remain》

According to FOX Business reporter Eleanor Terrett, according to the invitation email of the White House's first cryptocurrency summit, the meeting will last from 1:30 pm to 5:30 pm on March 7 (2:30 to 6:30 am on Saturday, March 8, Beijing time). No other details were disclosed in the email except the time and location.  

Participants include executives from many crypto companies such as Coinbase, Chainlink, Exodus and Strategy. Executives who have confirmed their attendance include Coinbase CEO Brian Armstrong, Chainlink Labs co-founder Sergey Nazarov, Exodus CEO J.P. Richardson and Strategy Chairman Michael Saylor. In addition, Robinhood CEO Vlad Tenev also hinted on the X platform that he would go to Washington to attend the meeting. As for the White House, Trump will personally host the event, and his cryptocurrency and AI advisor David Sacks and the executive director of the Presidential Digital Assets Working Group, Bo Hines, will also attend.

As of this morning, official invitations to the White House's crypto summit on Friday have not yet been sent out. According to two sources close to the preparations for the meeting, the list of guests will be narrower than previously expected. The meeting is expected to have 20-25 participants, in the form of a roundtable, held at the White House, and will include other members of the Presidential Digital Assets Working Group (PWG), so there will be fewer industry representatives invited.

In addition, a larger, invitation-only reception is being prepared at the White House for those who were not invited to the roundtable. All arrangements are still being made in real time and are not 100% finalized, so they are still subject to change.

Attendee Information Overview

Michael Saylor – MicroStrategy CEO

MicroStrategy: MicroStrategy provides business intelligence (BI), mobile software and cloud services. As of January this year, MicroStrategy held a total value of approximately US$41 billion in Bitcoin, accounting for more than 2% of the total supply of Bitcoin.

For more information, please see: "What are MicroStrategy's 1,637 employees actually doing? "

Bo Hines – White House Crypto Asset Commissioner

Bo Hines, 29, is a political and crypto newcomer who has not yet publicly stated his stance on cryptocurrency. Before entering politics, he was a college football player and ran for a seat in the North Carolina House of Representatives twice in 2022 and 2024. Bo Hines will work with David Sacks to drive innovation and growth in the digital asset space while ensuring that industry leaders have the resources they need to succeed.

For more information, please see: 《Trump Appoints Former College Football Player Bo Hines as Chairman of Cryptocurrency Committee》

David Sacks – White House A.I. & Cryptocurrency Czar

David Sacks is the largest LP of Multicoin, a well-known VC in the crypto industry. It can be said that David Sacks has a stake in all the crypto projects invested by Multicoin. Sacks is also an advisor to the old DeFI product 0x (ZRX). Trump called Sachs "an extremely successful entrepreneur" with a keen eye for two "critical" industries.

For more information, please see: 《Who is David Sacks, the first “Crypto and AI Czar” in the United States and what projects has he invested in》

Scott Bessent – ​​US Treasury Secretary

Bessent is a world-renowned international investor, geopolitical and economic strategist. He has long advocated the “America First” agenda, helping the United States enter a new golden age and ensuring the United States’ leading position in the world economy. Bessent is a hawk on the deficit and has said he would work to reduce the U.S. national debt.

For more information, please see: 《US Senate Finance Committee votes to approve the nomination of Scott Bessent as Treasury Secretary》

Howard Lutnick – US Secretary of Commerce

Howard is known for his deep ties to cryptocurrency and Wall Street, and his new job involves many key parts: the $42.5 billion Broadband Equity, Access and Deployment (BEAD) program, the $280 billion CHIPS and Science Act, and all regulatory authority over technology infrastructure. His appointment is a huge win for President Trump’s administration, which is working to bring cryptocurrency innovation back to the U.S. and build a national Bitcoin reserve.

For more information, see: 《Crypto-supporting Howard Lutnick has been confirmed by the Senate as U.S. Secretary of Commerce》

Pam Bondi – U.S. Attorney General

Bondi On her first day in office, she issued an order directing a team dedicated to the "weaponization" of the federal government to investigate former special prosecutor Jack Smith; required the Department of Justice to prioritize assisting US President Trump's mass deportation plan; prohibited Department of Justice lawyers from refusing to participate in conduct they believed to be unethical; re-evaluated consent decrees and settlement agreements with the Department of Justice, and ensured that "preferences based on race or gender, diversity recruitment goals, or preferential treatment based on DEI or DEIA-related standards" were prevented; ended the moratorium on the federal death penalty, ordered the Department of Justice to assist state and local prosecutors in seeking death penalty sentences, and stopped the Department of Justice from providing funding to sanctuary cities.

For more information, please see: Trump Nominates Pam Bondi as U.S. Attorney General

David F. Bailey – BTC Inc. / Bitcoin Magazine

Bitcoin Magazine is the first publication dedicated entirely to Bitcoin and is the oldest and most established source of news, information and expert commentary on Bitcoin, blockchain technology and the digital currency industry. Since 2012, Bitcoin Magazine has been providing analysis, research, education and thought leadership at the intersection of finance and technology.

Matt Huang – Paradigm Co-founder

Paradigm is a San Francisco-based venture capital firm founded in 2018 that primarily invests in the cryptocurrency space. Paradigm is widely regarded as one of the top venture capital firms, and they only select a handful of projects to invest in. Well-known projects include Optimism, Blur, Synthetix, and more.

For more information, please see: 《Paradigm: The race for sovereign states to build BTC reserves has begun》

JP Richardson – Exodus CEO

Exodus is a non-custodial crypto wallet. Exodus is available for desktop and mobile devices, allowing users to protect, manage and trade cryptocurrencies such as Bitcoin and Ethereum through beautiful and easy-to-use wallets.

Kyle Samani – Multicoin Capital

Multicoin Capital is a theory-driven investment firm that invests in cryptocurrencies, tokens and blockchain companies to reshape trillion-dollar markets. We manage a hedge fund and multiple venture funds, investing in public and private markets. Since the company was founded in May 2017, it has been known for its forward-looking, independent thinking.

For more information, please see: 《Multicoin: We are optimistic about JTO and it has 4-5 times of upside》

Zach Witkoff – World Liberty Financial

World Liberty Financial is an encryption project initiated by the Trump family. It will build lending services, including a credit account system built on the Aave and Ethereum blockchains. The project will also include a new cryptocurrency WLFI (a non-transferable governance token).

For more information, please see: 《Deep Digging into the WLF Supported by the Trump Family: Who is the Suspected Behind-the-Scenes Operator of OEM》

Sergey Nazarov – Chainlink Co-founder

Chainlink is a decentralized oracle network designed to securely and reliably connect blockchain smart contracts to off-chain systems. Chainlink adopts the same model as blockchain and establishes a decentralized independent oracle network. The oracles in the network obtain data from multiple data sources, aggregate the data, and transmit the verified aggregated data to smart contracts to trigger contract execution, avoiding all centralized risks in the entire process.

For more information, please see: 《Chainlink Launches Transporter Bridge Application for Cross-Chain Cryptocurrency》

Brian Armstrong – Coinbase

Coinbase is a Bitcoin wallet and trading service provider headquartered in San Francisco. It is the world's largest consumer Bitcoin wallet and the first regulated Bitcoin exchange in the United States.

For more information, please see: 《Coinbase: On-chain lending market structure and its impact》

Vlad Tenev – Robinhood

Robinhood is an Internet financial service company that provides online investment and trading platforms. It was founded by Vladimir Tenev and Baiju, who graduated from Stanford University. Bhatt was founded in 2013, and its app was launched in the same year, pioneering a commission-free model for online investment transactions. Investors can use its app to trade stocks, ETFs, options and even cryptocurrencies without paying commissions.

For more information, please see: "Coinbase vs Robinhood: 2024 Financial Performance Overview and Future Outlook"

Arjun Sethi – Kraken

Kraken was founded in 2011. Kraken is committed to making cryptocurrency usable and accessible to the world and enabling people from all walks of life to invest in their independence. In September 2020, Wyoming granted Kraken a license to create a crypto bank in the state, making Kraken the first cryptocurrency exchange to create a bank in the United States.