$BTC Crypto King David Sachs and the owners of the Gemini exchange have joined Donald Trump Jr.'s exclusive private club for $500K

The new private club in Washington, D.C., called Executive Power, co-founded by Donald Trump Jr., is attracting attention with its membership fee of $500,000 and an existing waiting list.

The club, which held an opening party over the weekend, gathered prominent figures, including crypto king David Sachs, the founders of the Gemini exchange Tyler and Cameron Winklevoss, as well as tech investor Chamath Palihapitiya.

Executive Power, which will open in the Georgetown area next month, aims to create an exclusive environment for wealthy CEOs, tech founders, and political experts, with membership requiring thorough vetting. The club is expected to play a significant role in Washington's socio-political circle.