A consultant of the Trump Group stated the group “is aware of nothing” a couple of crypto pockets mission known as the “$TRUMP Pockets,” regardless of the app’s branding and claims being tied to the U.S. president.
“The Trump Group is aware of nothing about this mission,” a spokesperson for the Trump Group informed CoinDesk.
Even Trump’s youngest son, Barron Trump, denied the rumours on his X account, saying that his household “has zero involvement with this pockets.”
The app, in accordance with its sparse however dwell web site, guarantees customers the flexibility to carry and commerce digital belongings. It consists of no technical documentation or launch timeline however incorporates a waitlist for early entry. Magic Eden, the crypto market reportedly concerned within the mission, had confirmed the mission by way of a submit by its CEO Jack Lu on X.
U.S. President Donald Trump has leaned into crypto since reentering the political area forward of final 12 months’s election. Previous initiatives tied to Trump embrace World Liberty Monetary, a stablecoin enterprise, and the meme tokens Trump Coin and Melania Coin, each of which launched earlier than his 2025 inauguration.
Based on the pockets’s web site, Magic Eden is working with GetTrumpMemes.com, the web site behind the Trump memecoin.
Donald Trump Jr., one of many president’s kids, additionally stated in an X submit that the group has “zero involvement with this pockets product,” however that World Liberty will “quickly” launch its personal pockets.
Disclaimer: Components of this text had been generated with the help from AI instruments and reviewed by our editorial group to make sure accuracy and adherence to our requirements. For extra info, see CoinDesk’s full AI Coverage.
UPDATE (June 8, 19:24 UTC): Provides X submit by Barron Trump denying the partnership.