Donald Trump's son’s company unexpectedly embraces crypto: Not just Bitcoin but also ETH, XRP, and 4 shocking altcoins!
Thumzup Media Corporation, owned by Donald Trump Jr., has expanded its cryptocurrency investment strategy beyond Bitcoin. They have approved the addition of 6 cryptocurrencies to their reserve portfolio, including:
• Ethereum (ETH): One of the top cryptocurrencies in the market
• XRP: A cryptocurrency designed for cross-border payments
• Dogecoin (DOGE): A cryptocurrency created as a joke, but has become popular
• Litecoin (LTC): A cryptocurrency designed to improve transaction speed
• Solana (SOL): A cryptocurrency known for its fast transaction speeds
• USD Coin (USDC): A stablecoin pegged to the value of the USD
Previously, the company only allowed holding a maximum of 90% of liquid assets in Bitcoin. This move reflects a strategic shift from solely focusing on Bitcoin to a more diverse altcoin ecosystem. It also shows the growing interest of institutional investors in coins like ETH, SOL, and XRP.
