On Thursday, May 22, 2025, a special dinner will be held at the Trump National Golf Club in Sterling, Virginia, dedicated to the largest holders of the meme digital currency $TRUMP. This event brings together politics and digital currencies, with 220 of the top investors in the currency invited to the dinner, along with a VIP reception and a private tour of the White House for the top 25 investors.
President Trump will attend this dinner, and the event has sparked widespread controversy due to concerns about conflicts of interest and the use of the presidential position for personal gain. Despite this, the U.S. administration assures that these activities are conducted on his personal time and that his assets are managed by his children.
This dinner is part of Trump's efforts to enhance his presence in the digital currency space, having launched the $TRUMP currency in January 2025, which saw a significant increase in value following the announcement of this event.
As of today, Monday, May 19, 2025, the Chicago Mercantile Exchange Group (CME Group) officially begins trading XRP futures contracts, marking an important step in integrating cryptocurrencies into traditional financial markets.
📌 Details of the XRP Futures Contract Launch at CME
Launch Date: Monday, May 19, 2025
Trading Platform: CME Globex
Types of Contracts:
Standard Contract: Represents 50,000 XRP
Micro Contract: Represents 2,500 XRP
Settlement Method: Cash settlement based on the CME CF XRP/USD price index
Availability: Available for institutions and individual investors through platforms like Robinhood
📈 Expected Impact
Increased Liquidity: Providing regulated futures contracts may attract new institutional investors, enhancing trading volume and liquidity in the XRP market.