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The issuer of the US President’s meme coin, Official Trump, plans to lift $200 million for a TRUMP treasury agency that may purchase up the struggling token.
That’s in response to a Bloomberg report, which cited individuals conversant in the state of affairs saying that Trump affiliate and promoter Invoice Zanker is main the trouble by the entity Combat Combat Combat LLC.
The enterprise might increase as a lot as $1 billion, however the effort remains to be ongoing and should not attain fruition, the report stated.
TRUMP Meme Coin Struggles To Achieve Traction
The TRUMP meme coin was launched on the Solana blockchain on Jan. 17 this 12 months, simply days earlier than Donald Trump entered the White Home for a second time period. Its debut worth was round $1.20, with the token’s worth surging shortly after launch. On the day, the crypto went on to set an all-time excessive (ATH) at $75.35.
However the meme coin has since slumped 89% from its file worth. Information from CoinMarketCap exhibits TRUMP trades down 4.4% at $7.57 as of 1:10 a.m. EST.
TRUMP worth (Supply: CoinMarketCap)
Regardless of that, TRUMP remains to be up greater than 527% from its launch worth.
TRUMP Creator Joins Rising Digital Asset Treasury Pattern
The plans to launch a digital asset treasury (DAT) agency targeted on TRUMP is a part of a broader pattern that has seen firms construct reserves in quite a lot of cryptos.
Probably the most well-known of these firms is Technique, which pioneered the pattern and holds billions of {dollars} price of Bitcoin (BTC).
Different firms have since joined the pattern. For instance, BitMine Immersion Applied sciences and SharpLink Gaming have began constructing reserves round Ethereum (ETH), the most important altcoin by market cap.
Treasury companies centered on tokens like Solana (SOL), Dogecoin (DOGE), and others have additionally lately entered the market.
Information from PitchBook exhibits that greater than 80 crypto treasury firms have entered the market in 2025. Nevertheless, many of those digital asset treasury companies have seen their valuations slip after the preliminary hype.
Trump-Branded Pockets Plans Collapse
Earlier this 12 months, Combat Combat Combat LLC introduced plans to launch a “$TRUMP Pockets” in collaboration with the non-fungible token (NFT) market Magic Eden. The advertising had claimed that it was the official pockets for the TRUMP meme coin, and invited customers to affix a waitlist.
Nevertheless, Eric Trump publicly rejected the pockets on X, and stated that the mission was unauthorized. He additionally added that the Trump Group knew nothing in regards to the pockets.
This mission isn’t approved by @Trump. @MagicEden I might be extraordinarily cautious utilizing our identify in a mission that has not been accredited and is unknown to anybody in our group. https://t.co/OovJGvGOkO
— Eric Trump (@EricTrump) June 3, 2025
Donald Trump Jr. stated {that a} totally different pockets, which might be the precise official pockets, can be launched by one other Trump-linked crypto enterprise, World Liberty Monetary.
World Liberty Monetary had reportedly despatched a cease-and-desist letter to Combat Combat Combat LLC over the “unauthorized use” of the Trump identify in that pockets mission. Zanker’s plans to launch the pockets have been then in the end dropped.
In later interviews, Zanker tried to downplay simply how extreme the battle between the 2 firms was. He referred to as it a “misunderstanding” and indicated that he’s nonetheless working along with the Trump household.
Majority Of Tokens Nonetheless Managed By Trump-Linked Entities
The TRUMP token provide remains to be tightly managed. Solely round 35% of the crypto’s provide has been unlocked, in response to Messari information. This places the token’s market cap at round $1.5 billion.
The remainder of the token’s 1 billion cash that may progressively enter circulation are principally held by entities linked to the US President and his household.
Because the meme coin was launched, the Trump household has deepened its involvement within the crypto house. Along with the decentralized finance (DeFi) platform World Liberty Monetary, the Trumps are additionally concerned in crypto mining.
Eric Trump’s enterprise capital agency acquired a stake within the decentralized predictions market platform Polymarket in a deal earlier this 12 months as effectively. As a part of the deal, he’ll be part of Polymarket as an adviser.
He’s additionally concerned with Metaplanet, the Japan-based Bitcoin DAT agency that holds 30,823 BTC on its steadiness sheet, making it the fourth-largest company holder of the crypto globally.
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