$ Trump Crypto Wallet launched. Eric Trump denies this to know

Magic Eden most famous as Unlimited token MarketPlace said he collaborates with the president’s team Donald TrumpMeme-token to launch an official wallet from cryptocurrencies with a brand of Trump.

The product, dubbed “Trump Wallet”, will feature the name and similarity of the president, as well as support trades and other digital assets, including Bitcoin.

Waiting list for the wallet opened on Tuesday in Trumpwallet.comA wider launch is ahead at the end of this summer, according to the Magic Eden press.

Eric Trump, who assumed the governing roles in his father’s several crying enterprises, claimed that he did not know the project.

“I’m running @trump and I don’t know anything about this project! @Worldlibetyfi $ Trump @Americanbtc, ‘he published On the Social Media X.

Official Mill The X Account was attributed to the announcement of Magic Eden Wallet.

CNBC turned to Magic Eden to explain Eric Trump’s refusal. Magic Eden pointed to the Trumpmeme X account, which changed $ Trump’s application but the company did not give additional comments.

CNBC turned to the Token Trump Trump team to ask about the partnership conditions, potential revenue distribution and whether the KYC wallet would need, but did not immediately hear.

Exhibited as “first and only crypt -a carp for true Trump fans”, The project was raised on X With a promise of $ 1 million in Trump’s $ reward. Users signed and referred to friends can rise on the expectation list, Magic Eden said in a CNBC statement.

Hamified promotion is the last attempt to introduce a tributaries related to Trump-and this deepens the growing connection of the president with the digital asset industry.

Extended family crypto-portfolio already includes NFTS, stable attention, decentralized financial platform with its own virtual token, meme-monet, named after it and the first lady, as well as plans for crypto funds through new financial weapons Truth Social, Truthfi.

Between March to June 2022. Magic Eden raised More than $ 150 million from investors, including a cry-oriented Paradigm firm and large silicone valley companies such as Greylock, Lightspeed Venture Partners and Sequoia.

Magic Eden, whose CEO attended a recent president Dinner Fupply for the winners of the previous Trump coin competition, Seems to build a wallet on top Finance SlingshotThe application for the well -being he acquired in April.

The Slingshot platform has meme signs such as Bonk and Fartcoin, and does not directly collect the user’s identity. Instead, the identity checks are processed by Moonpay, its fiat on the Ramp.

It remains unclear whether the wallet will require KYC’s own procedures, or as income and duties will be divided between magical and Trump organizations.