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Compiled by: Tao Zhu, Bitchain Vision
On February 28, 2025, the White House announced that Trump will host the first White House Cryptocurrency Summit and deliver a speech on Friday, March 7.Attendees will include well-known founders, CEOs and investors in the cryptocurrency industry, as well as members of the President’s Digital Assets Working Group.The summit will be chaired by White House A.l. and cryptocurrency tsar DavidSacks and will be managed by Bo Hines, executive director of the task force.
Crypto Tsar Sacks said that “outstanding founders, CEOs and investors in the crypto industry” will meet with members of Trump’s Digital Assets Task Force at the White House, presumably to discuss policy issues related to crypto and blockchain and potential regulatory frameworks.
For more information, please check the Bitchain Vision article:“White House Cryptocurrency Summit Preview: Policy Reset Hope and Uncertainty Still Always”
According to FOX Business reporter Eleanor Terrett, according to the invitation email of the White House’s first cryptocurrency summit, the meeting will last from 1:30 pm on March 7 to 5:30 pm (2:30 AM to 6:30 AM on Saturday, March 8), and no other detailed information was disclosed in the email except for the time and place.
Participants included executives from several crypto companies including Coinbase, Chainlink, Exodus and Strategy.The executives confirmed to attend the conference include Coinbase CEO Brian Armstrong, Chainlink Labs co-founder Sergey Nazarov, Exodus CEO J.P. Richardson and Strategy Chairman Michael Saylor.In addition, Robinhood CEO Vlad Tenev also hinted on the X platform that he would go to Washington to attend the conference.On the White House, Trump will be in charge of the meeting, and his cryptocurrency and AI adviser David Sacks and BoHines, executive director of the President’s Digital Assets Task Force, will also be present.
As of this morning, the official invitation letter for the White House Friday’s crypto summit has not been sent.According to two sources close to the preparations for the meeting, the list of guests will be narrowed compared to previous expectations.The meeting is expected to be attended by 20-25 people, in the form of a roundtable, held at the White House and will include other members of the President’s Digital Assets Working Group (PWG), so fewer industry representatives will be invited.
Additionally, a larger, invite-only reception is being prepared by the White House for those not invited to the roundtable.All arrangements are still being advanced in real time and are not 100% finalized yet, so changes are still possible.
Quick view of participants’ information
Michael Saylor – CEO of MicroStrategy
MicroStrategy: MicroStrategy provides business intelligence (BI), mobile software and cloud services.As of January this year, MicroStrategy held a total value of about US$41 billion, accounting for more than 2% of the total Bitcoin supply.
For more information, please see:What exactly are the 1637 employees of MicroStrategy doing?》
Bo Hines – White House Crypto Assets Specialist
Bo Hines, 29, is a newcomer in politics and cryptocurrency, and has not yet disclosed his position on cryptocurrencies.Before entering politics, he was a college football player and ran twice for the North Carolina House of Representatives in 2022 and 2024.Bo Hines will work with David Sacks to drive innovation and growth in the digital asset space while ensuring industry leaders have the resources they need to succeed.
For more information, please see:“Trump Appoints Former College Football Player Bo Hines as Chair of the Cryptocurrency Committee”
David Sacks – White House A.I. & Cryptocurrency Tsar
David Sacks is the largest LP of the well-known VC Multicoin in the crypto industry.It can be said that David Sacks is interested in all the crypto projects invested by Multicoin.Sacks is also a consultant to the old DeFI product 0x (ZRX).Trump believes Saxophone is “an extremely successful entrepreneur” and has a keen insight into two “key” industries.
For more information, please see:“Who is David Sacks, the first “crypto and AI Tsar in the United States” and what projects have he invested in?”
Scott Bessent – U.S. Treasury Secretary
Bessent is a world-renowned international investor, geopolitical and economic strategist. He has long advocated the “America First” agenda, helped the United States enter a new golden age, and ensured the United States’ leading position in the world economy.Bessent is a hawk on the deficit issue and said he will work to lower U.S. Treasury bonds.
For more information, please see:“U.S. Senate Finance Committee votes to approve Scott Bessent as Secretary of Treasury”
Howard Lutnick – U.S. Secretary of Commerce
Known for his deep relationship with cryptocurrencies and Wall Street, Howard’s new work involves many key parts: the $42.5 billion Broadband Fairness, Access and Deployment (BEAD) program, the $280 billion CHIPS and Science Act, and all regulatory rights over the technology infrastructure.His appointment is a huge victory for President Trump’s administration, which is working to bring cryptocurrency innovation back to the United States and build a national Bitcoin reserve.
For more information, please see:Howard Lutnick, who supports cryptocurrency, has been approved by the Senate as Secretary of Commerce
Pam Bondi – U.S. Attorney General
On her first day in office, Bondi issued an order to instruct a team dedicated to the federal government’s “weaponization” to investigate former special prosecutor Jack Smith; asked the Justice Department to prioritize assistance to U.S. President Trump’s massive eviction program; prohibit Justice Department lawyers from refusing to participate in what they think is unethical; reassess the consent order and settlement agreement with the Justice Department, and ensures that “raceful treatment based on race or gender preferences, diversified recruitment goals or preferential treatment based on DEI or DEIA-related standards” were prevented, ending the federal death penalty moratorium and ordering the Justice Department to assist state and district attorneys in fighting for death sentences and stop the Justice Department’s funding to sanctuary cities.
For more information, please see:“Trump nominates Pam Bondi as U.S. Attorney General”
David F. Bailey – BTC Inc. / Bitcoin Magazine CEO
Bitcoin Magazine is the first publication dedicated to Bitcoin, and is the oldest and most mature source of news, information and expert comments about the Bitcoin, blockchain technology and the digital currency industry.Since 2012, Bitcoin Magazine has provided analytics, research, education and thought leadership at the intersection of finance and technology.
Matt Huang – Paradigm
Paradigm is a San Francisco-based venture capitalist founded in 2018 and mainly invests in the cryptocurrency sector.Paradigm is widely regarded as one of the top venture capitalists, and they choose only a few projects to invest.Famous projects include Optimism, Blur, Synthetix, etc.
For more information, please see:Paradigm: The competition for sovereign states to establish BTC reserves has begun
JP Richardson – Exodus CEO
Exodus is an unmanaged crypto wallet.Exodus is available for desktop and mobile devices, allowing users to protect, manage and trade cryptocurrencies such as Bitcoin and Ethereum through a beautiful and easy-to-use wallet.
Kyle Samani – Managing Partner at Multicoin Capital
Multicoin Capital is a theory-oriented investment company with investment targets including cryptocurrencies, tokens and blockchain companies, reshaping the trillion-dollar market.We manage a hedge fund and multiple venture funds, investing in both public and private markets.Since its establishment in May 2017, it has been known for its forward-looking and independent thinking.
For more information, please see:“Multicoin: We are optimistic about JTO, which has 4-5 times the increase”
Zach Witkoff – World Liberty Financial
World Liberty Financial is an crypto project initiated by the Trump family that will build lending services, including a credit account system built on Aave and Ethereum blockchains.The project will also include a new cryptocurrency, WLFI, a non-transferable governance token.
For more information, please see:“A deep dive into the WLF supported by the Trump family: Who is the suspected OEM behind the scenes?”
Sergey Nazarov – Chainlink
Chainlink is a decentralized oracle network designed to connect blockchain smart contracts safely and reliably to off-chain systems.Chainlink adopts the same model as blockchain and establishes a decentralized independent oracle network. The oracles in the network acquire data from multiple data sources, aggregate the data, and transmit the verified aggregated data to the smart contract, triggering the contract execution, avoiding all centralized risks throughout the process.
For more information, please see:Chainlink launches Transporter bridge application for cross-chain cryptocurrency
Brian Armstrong – Coinbase CEO
Coinbase is a Bitcoin wallet and transaction service provider headquartered in San Francisco. It is the world’s largest consumer Bitcoin wallet and the first standardized Bitcoin exchange in the United States.
For more information, please see:“Coinbase: On-chain lending market structure and its impact”
Vlad Tenev – Robinhood CEO
Robinhood is an internet financial services company that provides online investment and trading platforms. Founded in 2013 by Vladimir Tenev and Baiju Bhatt, a Stanford-graduate, its app went live the same year and pioneered the commission-free model for online investment transactions. Investors can use their app to trade stocks, ETFs, options and even cryptocurrencies without paying commissions.
For more information, please see:“Coinbase vs Robinhood: Overview of 2024 and Future Outlook”
Arjun Sethi – CEO of Kraken
Kraken was founded in 2011.Kraken is committed to making cryptocurrencies available to use and access all over the world and to enable people from all walks of life to invest in their independence.In September 2020, Wyoming granted Kraken permission to create a crypto bank in the state, making Kraken the first cryptocurrency exchange in the United States to create a bank.
