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Altcoin News

White House Director Invests in XRP and ADA, Is Trump Next?

Written By:
Iyiola Adrian

Reviewed By:
Kritika Mehta

Last updated: June 17, 2025 1:44 AM
Published 2025-06-17
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Last updated: June 17, 2025 1:44 AM
Published 2025-06-17
White House Director Invests in XRP and ADA, Is Trump Next?

Thomas Thorgersen, Special Assistant to President Donald Trump and Director of the White House Travel Office, reported having crypto holdings in XRP and ADA, according to a financial disclosure filed with the white house official website. 

His crypto assets are held in a Coinbase wallet, with both cryptocurrencies valued between $1,001 and $15,000 each.

Thorgersen’s Crypto Holding
Thorgersen’s Crypto Holding | Source: whitehouse.gov

Before his White House appointment in January 2025, Thorgersen served as director of strategic operations for President Trump’s campaign when he was running for the 2024 presidential election and also the Republican National Committee, where he earned a combined total of $232,000 in annual salary.

Meanwhile, President Trump also revealed some of his crypto holdings a few days ago when he celebrated his 79th birthday.

Filling showing Trump’s
Filling showing Trump’s | Source: DocumentCloud 

In his 2025 financial disclosure filed on June 13, Trump reported earning over $57.4 million from his crypto project, World Liberty Financial (WLFI). This is a DeFi venture he backs along with his sons, Donald Jr. and Eric Trump.

The filing also shows that the President holds 15.75 billion governance tokens in WLFI, which grants him voting power. Although the exact value of the tokens wasn’t listed, the report states he earned $57 million through token sales.

Trump’s filing also mentions past digital ventures like his Trump Digital Trading Cards NFTs, which previously earned him $7 million, including $4 million after taxes. However, he does not seem to have new NFT revenue this year.

He also retains executive roles in crypto-linked firms like CIC Digital and CIC Ventures, though those entities are marked as having little or no active income.

Both Trump and Thorgersen certified their filings as “true, complete, and correct,” and all data remains publicly accessible for transparency. This is not even close to the total holding the President has.

According to Arkham, Trump has over $1.5 million invested in cryptocurrencies with TROG token being the most he invested in. In short, the President’s total investment in the crypto space can only be estimated as official numbers have not been made public.

Since he has announced XRP and ADA to be a part of the crypto reserve and is rumored to meet Ripple CEO Brad Garlinghouse, he might look to increase his crypto holdings via these altcoins. However, as of yet, these plans are not official.

Also Read: Eric Trump Denies Ties to Justin Sun’s Tron Going Public

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Cardano (ADA)Ripple (XRP)
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Iyiola - Crypto Journalist at The Crypto Times
By Iyiola Adrian
Follow:
Iyiola is an experienced crypto writer specializing in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions.
Kritika Mehta- Former Sub Editor at The Crypto Times
By Kritika Mehta
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Kritika Mehta is a Sub Editor with over 4 years of experience in news writing, crypto news sourcing, editing, and covering topics across fintech and the stock market. She holds a BA in Journalism and Mass Communication and is certified in Multimedia Journalism. Kritika combines editorial precision with a sharp news sense to ensure content is accurate, engaging, and timely.

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