Trump Organization distances itself from crypto wallet project despite branding and public claims.
A spokesperson for the Trump Organization has denied any involvement in a crypto wallet project dubbed the “$TRUMP Wallet,” even though the app is branded with former President Donald Trump’s name and is being promoted by crypto industry figures.
“The Trump Organization knows nothing about this project,” the spokesperson told CoinDesk, responding to reports that the group was tied to the digital wallet’s development.
The app’s website claims it will allow users to hold and trade digital assets, and it currently invites visitors to join a waitlist for early access. However, it lacks technical details and a confirmed launch timeline.
Adding to the confusion, Jack Lu, CEO of NFT marketplace Magic Eden, publicly backed the project in a post on X (formerly Twitter), claiming Magic Eden was involved in its development. The wallet’s website also mentions a partnership with GetTrumpMemes.com—the team behind a Trump-themed memecoin—further linking it to Trump-branded crypto efforts.
Despite official denials, an X account affiliated with Trump-related memecoins stated the wallet is “coming soon,” raising more questions about its authenticity.
Trump has previously been linked to several crypto ventures, including World Liberty Financial, a stablecoin platform, and memecoins like Trump Coin and Melania Coin, both of which launched prior to his 2025 inauguration.