Trump’s Push to Make the US the Global Crypto Hub May Soon Take Shape

In a move aligning with his pledge to transform the United States into the “crypto capital of the world,” President Donald Trump’s media enterprise is reportedly preparing to raise $3 billion for cryptocurrency initiatives, including substantial investments in Bitcoin.

According to a report by the Financial Times, Trump Media & Technology Group (TMTG)—the parent company of Truth Social and controlled by the Trump family—intends to raise $2 billion via new equity offerings and an additional $1 billion through convertible bonds. While the final details of this funding effort are still in flux, the announcement is expected before a major cryptocurrency investment summit this week.

This development coincides with growing scrutiny over potential ethical concerns, as critics argue Trump’s policies from the Oval Office could directly benefit his private ventures. When approached by Reuters, Trump Media labeled both Reuters and Financial Times as “fake news,” and the White House did not issue a response.

Executive Orders and Cryptocurrency Expansion

Earlier this year, following his unprecedented return to the presidency, Trump signed an executive order that laid out his administration’s strategic direction for digital assets. The order called for the creation of a national Bitcoin reserve and a broader U.S. digital asset portfolio, alongside a significant rollback of federal crypto regulations.

The former president has already launched his own cryptocurrency, the $TRUMP memecoin, and recently hosted an exclusive event at his Virginia golf resort for 200 top crypto investors. Critics labeled the gathering as a “textbook case of corruption,” but it reflects Trump’s growing influence in the digital asset space.

Expansion Plans and Regulatory Questions

Trump Media is also looking to expand into financial services through potential mergers and acquisitions. The company recently signed an agreement to roll out crypto investment products, including exchange-traded funds (ETFs), all aligned with Trump’s “America First” ideology.

However, these ventures have drawn the attention of ethics watchdogs and financial regulators, especially as Trump retains a majority stake in TMTG—now held in a trust managed by his son, Donald Trump Jr.—while serving as president.

Notably, Trump has a history of dismissing conflict-of-interest concerns. Before taking office in 2017, he claimed that the president is legally exempt from the same rules governing federal officials, and said, “the president can’t have a conflict of interest.” He previously handed over control of his companies to his sons, pledging to halt international deals during his term. No such assurances have been made during his current tenure.

Major Announcement Expected This Week

The anticipated $3 billion capital raise will likely be unveiled during a high-profile crypto investor gathering, where Vice President JD Vance, along with Trump’s sons Donald Jr. and Eric Trump, are slated to speak. Trump, who was present at last year’s crypto conference in Nashville, is using such forums to strengthen ties with the crypto donor base.

Bitcoin, buoyed by Trump’s pro-crypto stance, recently hit an all-time high of $109,000, signaling strong market confidence. The media firm is also expected to debut a cryptocurrency-focused ETF, with brokers such as ClearStreet and BTIG potentially underwriting the initiative.

As Trump continues to blur the lines between business and politics, the question remains: Will his vision of America as the world’s crypto capital become reality?