Former President Donald Trump rallied cryptocurrency advocates at a high-profile “Memecoin TRUMP” gala Thursday, positioning himself as a champion of U.S. digital asset dominance while announcing trillions in purported Middle Eastern investments to bolster American markets.
“Crypto Must Be American-Made”
Addressing a crowd of TRUMP token holders, Trump framed his pro-crypto stance as a geopolitical imperative: “This isn’t about personal gain—it’s about ensuring America controls this trillion-dollar frontier before China or others seize it.” The remarks come amid heightened global competition to regulate and monetize blockchain technologies.
Hosts praised Trump as the “first president who truly fought for crypto,” crediting his policies with reviving what they called a “moribund” industry under previous administrations. Attendees included prominent Web3 entrepreneurs and institutional investors holding significant TRUMP meme coin allocations.
Middle Eastern Capital Influx Claimed
Trump asserted his recent Middle East tour secured “multi-trillion dollar commitments” from Qatar, Saudi Arabia, and the UAE to back U.S. crypto infrastructure and traditional markets. While no official documentation was provided, the former president contrasted this with America’s “humiliating weakness six months ago,” alluding to policy disputes with the Biden administration.
“Our stock markets now lead the world, and Bitcoin’s future is unquestionably American,” Trump declared, despite mixed Q2 2025 performance data from major exchanges. Analysts note increased Middle Eastern sovereign wealth fund activity in U.S. blockchain ETFs since April.
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