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Trump’s Ex-Crypto Advisor Plots Bitcoin Venture—Because Wall Street Just Can’t Get Enough

Trump’s Ex-Crypto Advisor Plots Bitcoin Venture—Because Wall Street Just Can’t Get Enough

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-05-07 20:46:54
0

Trump Crypto Advisor David Bailey In Talks to Launch Bitcoin Investment Company: The Information

David Bailey—once a crypto whisperer for the Trump administration—is reportedly cooking up a Bitcoin investment firm. Because what the market needs right now is another way for institutional money to pretend it ’gets’ decentralization.

Sources say talks are underway, though details are scarcer than a Bitcoin maximalist at an altcoin conference. The move signals growing political and financial acceptance of crypto—even as regulators sharpen their knives.

Bonus jab: Nothing bridges partisan divides like the bipartisan urge to monetize hype cycles.

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