What are the highlights of the White House Cryptocurrency Summit and who will attend?

On February 28, 2025, the White House announced that Trump will host and speak at the first White House Cryptocurrency Summit on Friday, March 7. Participants will include well-known founders, CEOs and investors in the cryptocurrency industry, as well as members of the President's Digital Asset Task Force. The summit will be hosted by White House Al and cryptocurrency czar David Sacks and managed by the task force's executive director Bo Hines.

Crypto Czar Sacks claimed that “prominent founders, CEOs, and investors in the crypto industry” will meet with members of Trump’s Digital Asset Task Force at the White House, presumably to discuss policy issues related to crypto and blockchain and potential regulatory frameworks.

For more information, please refer to Golden Finance's article: "Looking Forward to the White House Cryptocurrency Summit: Hopes and Uncertainties Remain for Policy Reset"

According to FOX Business reporter Eleanor Terrett, according to the invitation email of the White House's first cryptocurrency summit, the meeting will last from 1:30 p.m. to 5:30 p.m. on March 7 (2:30 to 6:30 a.m. Saturday, March 8 Beijing time). No other details were disclosed in the email except the time and place.

Participants include executives from several crypto companies including Coinbase, Chainlink, Exodus and Strategy. Executives who have confirmed their attendance include Coinbase CEO Brian Armstrong, Chainlink Labs co-founder Sergey Nazarov, Exodus CEO JP Richardson and Strategy Chairman Michael Saylor. In addition, Robinhood CEO Vlad Tenev also hinted on the X platform that he would go to Washington to attend the meeting. Trump will personally host the White House, and his cryptocurrency and AI consultant David Sacks and the executive director of the Presidential Digital Asset Task Force Bo Hines will also attend.

As of this morning, official invitations to Friday's White House crypto summit have not yet been sent out. According to two sources close to the preparations for the meeting, the guest list will be smaller than previously expected. The meeting is expected to have 20-25 participants, take a roundtable format, be held at the White House, and will include other members of the President's Digital Asset Working Group (PWG), so fewer industry representatives will be invited.

Additionally, a larger, invitation-only reception is being planned at the White House for those not invited to the roundtable. All arrangements are still being worked on and are not 100% finalized, so they are still subject to change.

Attendees Information at a Glance

Michael Saylor – MicroStrategy CEO

MicroStrategy: MicroStrategy provides business intelligence (BI), mobile software and cloud services. As of January this year, MicroStrategy held a total value of approximately US$41 billion in Bitcoin, accounting for more than 2% of the total supply of Bitcoin.

For more information, see: What are MicroStrategy's 1,637 employees actually doing?

Bo Hines – White House Cryptocurrency Commissioner

Bo Hines, 29, is a political and crypto newcomer who has not yet publicly expressed his stance on cryptocurrency. Before entering politics, he was a college football player and ran for a seat in the North Carolina House of Representatives in 2022 and 2024. Bo Hines will work with David Sacks to promote innovation and growth in the digital asset sector while ensuring that industry leaders have the resources they need to succeed.

For more information, see: Trump appoints former college football player Bo Hines as chairman of cryptocurrency committee

David Sacks – White House AI & Crypto Czar

David Sacks is the largest LP of Multicoin, a well-known VC in the crypto industry. It can be said that David Sacks has a stake in all the crypto projects invested by Multicoin. Sacks is also a consultant for the old DeFI product 0x (ZRX). Trump believes that Sacks is "an extremely successful entrepreneur" and has a keen insight into two "key" industries.

For more information, please see: Who is the first "Crypto and AI Czar" David Sacks of the United States and what projects has he invested in?

Scott Bessent – ​​U.S. Treasury Secretary

Bessent is a world-renowned international investor, geopolitical and economic strategist who has long advocated the "America First" agenda, helping the United States enter a new golden age and ensuring its leading position in the world economy. Bessent is a hawk on the deficit issue and has said he will work to reduce the U.S. national debt.

For more information, please see: U.S. Senate Finance Committee votes to approve the nomination of Scott Bessent as Treasury Secretary

Howard Lutnick – U.S. Secretary of Commerce

Howard, known for his deep ties to cryptocurrency and Wall Street, has a number of key pieces in his new job: the $42.5 billion Broadband Equity, Access, and Deployment (BEAD) program, the $280 billion CHIPS and Science Act, and all regulatory authority over tech infrastructure. His appointment is a big win for President Trump’s administration, which is working to bring cryptocurrency innovation back to the U.S. and establish a national Bitcoin reserve.

For more information, see: Cryptocurrency-supporting Howard Lutnick has been approved by the Senate as US Secretary of Commerce

Pam Bondi – United States Attorney General

On Bondi's first day in office, she issued an order directing a team dedicated to the "weaponization" of the federal government to investigate former special prosecutor Jack Smith; requiring the Department of Justice to prioritize assisting US President Trump's mass deportation plan; prohibiting Department of Justice lawyers from refusing to participate in behavior they believe is unethical; reevaluating consent decrees and settlement agreements with the Department of Justice, and ensuring that "preferences based on race or gender, diversity hiring goals, or preferential treatment based on DEI or DEIA-related criteria" are prevented; ending the moratorium on the federal death penalty, ordering the Department of Justice to assist state and local prosecutors in seeking death penalty sentences, and stopping the Department of Justice from providing funding to sanctuary cities.

For more information, see: Trump nominates Pam Bondi as U.S. Attorney General

David F. Bailey – CEO BTC Inc./Bitcoin Magazine

Bitcoin Magazine is the first publication dedicated solely to Bitcoin and is the oldest and most established source of news, information, and expert commentary on Bitcoin, blockchain technology, and the digital currency industry. Since 2012, Bitcoin Magazine has provided analysis, research, education, and thought leadership at the intersection of finance and technology.

Matt Huang – Paradigm Co-founder

Paradigm is a San Francisco-based venture capital firm founded in 2018 that primarily invests in the cryptocurrency space. Paradigm is widely considered one of the top venture capital firms, and they only select a handful of projects to invest in. Well-known projects include Optimism, Blur, Synthetix, and more.

For more information, please see: "Paradigm: The race for sovereign states to build BTC reserves has begun"

JP Richardson – Exodus CEO

Exodus is a non-custodial crypto wallet. Available for desktop and mobile devices, Exodus allows users to secure, manage, and trade cryptocurrencies like Bitcoin, Ethereum, and more in a beautiful, easy-to-use wallet.

Kyle Samani – Managing Partner at Multicoin Capital

Multicoin Capital is a theory-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies that are reshaping trillion-dollar markets. We manage a hedge fund and multiple venture funds, investing in public and private markets. Since the firm was founded in May 2017, we have been known for our forward-looking, independent thinking.

For more information, please see: "Multicoin: We are optimistic about JTO, which has 4-5 times of growth potential"

Zach Witkoff – World Liberty Financial

World Liberty Financial is a crypto project initiated by the Trump family that will build lending services, including a credit account system built on the Aave and Ethereum blockchains. The project will also include a new cryptocurrency, WLFI (a non-transferable governance token).

For more information, please see: "A Deep Look into the Trump Family-supported WLF: Who is the Suspected OEM Behind the Scenes?"

Sergey Nazarov – Chainlink Co-founder

Chainlink is a decentralized oracle network that aims to connect blockchain smart contracts to off-chain systems securely and reliably. Chainlink uses the same model as blockchain to establish a decentralized independent oracle network. The oracles in the network jointly obtain data from multiple data sources, aggregate the data, and transmit the verified aggregated data to the smart contract to trigger the contract execution, avoiding all centralization risks in the whole process.

For more information, please see: "Chainlink launches Transporter bridge application for cross-chain cryptocurrency"

Brian Armstrong – Coinbase CEO

Coinbase is a Bitcoin wallet and trading service provider headquartered in San Francisco. It is the world's largest consumer Bitcoin wallet and the first regulated Bitcoin exchange in the United States.

For more information, please see: "Coinbase: On-chain lending market structure and its impact"

Vlad Tenev – Robinhood CEO

Robinhood is an Internet financial services company that provides online investment and trading platforms. It was founded by Vladimir Tenev and Baiju Bhatt, graduates of Stanford University, in 2013. Its application was launched in the same year, pioneering a commission-free model for online investment and trading. Investors can use its application to trade stocks, ETFs, options and even cryptocurrencies without paying commissions.

For more information, please see: "Coinbase vs Robinhood: Overview of 2024 Financial Performance and Future Outlook"

Arjun Sethi – Kraken CEO

Kraken was founded in 2011. Kraken is committed to making cryptocurrency usable and accessible to the world and enabling people from all walks of life to invest in their independence. In September 2020, Wyoming granted Kraken a license to create a crypto bank in the state, making Kraken the first cryptocurrency exchange in the United States to create a bank.