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5. Coinbase Wants to Tokenize Its Stock
When Coinbase $COIN first tried to go public all the way back in 2020, they tried to do something that had never been done beforeā¦ they wanted to go public by tokenizing their stock. Ultimately, the initiative failed due to regulatory hurdles. But with a crypto-friendly administration now in the White House, Coinbase's CFO Alesia Haas stated the company has begun “to reengage those conversations with the SEC's task forceā¦”
4. Trumpās Crypto Project Buys Tokens Before White House Summit
Mere days ahead of the White House Crypto Summit, a wallet belonging to Trumpās World Liberty Financial added $10.1 million of ETH $ETH.X, $9.9 million of WBTC $WBTC.X, and $1.68 million of MOVE.
Nansen š§ @nansen_ai
Hours ago, Trumpās project @worldlibertyfi made a $25M crypto play
$10M $ETH $10M $WBTC $1.5M $MOVE
More to come?
4:26 AM ā¢ Mar 6, 2025
51 Likes 2 Retweets
6 Replies
3. World Liberty Financial Also Inks Deal With Sui
In a hypey, buzzword-filled press release, the Sui Foundation announced they will collaborate with Trumpās World Liberty Financial to āexplore product development opportunities.ā SUI.X ( ā² 13.92% ) is up more than 18% over the past 24 hours.
2. Core Scientific Stock Plummets
Bear with us hereā¦
Cloud computing firm CoreWeave provides Microsoft with computing capacity from data centers.
This week, CoreWeave also filed for an IPO at a $35 billion valuation.
Today, Microsoft, which represents more than 60% of CoreWeaveās revenue walked away from some of its commitments with CoreWeave.
Bitcoin miner Core Scientific is a close partner of CoreWeave
Crypto investors are in wait-and-see mode ahead of tomorrow's White House crypto summit. Reportedly, 25 people will be in attendance. Hereās who we know so far.
Michael Saylor (Strategy)
Brian Armstrong (Coinbase)
Arjun Sethi (Kraken)
Sergey Nazarov (Chainlink)
Matt Huang (Paradigm)
Kyle Samani (Multicoin)
JP Richardson (Exodus)
Vlad Tenev (Robinhood)
Brad Garlinghouse (Ripple)
Zach Witkoff (World Liberty)
David Bailey (Bitcoin Mag)
Kris Marszalek (Cryptoā¢com)
Winklevoss twins (Gemini)
More, yet to be confirmedā¦
Porter Stansberry: āI met with Trumpās biggest backersā¦ theyāre scooping up these 10 stocksā
I recently met with one of Trumpās longest-serving advisors at Mar-a-Lago.
We were there to figure out how cutting regulations and getting rid of government-propped-up zombie businesses could unleash real American capitalismā¦ and enrich a lot of Americans in the process.
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