The investment company based in Tokyo Metaplanet has announced the appointment of Eric Trump to its strategic board of directors.
The investment company based in Tokyo Metaplanet has announced the appointment of Eric Trump to its strategic board of directors. This decision comes as the company aims to extend its Bitcoin Treasury, currently holding 3,200 BTC, making it the 10th largest global holder in the crypto.
Metaplanet CEO Simon Gerovich underlined Eric Trump’s experience in real estate, finance and development of the brand as precious assets to the company’s mission.
The company, which set an ambitious objective of accumulating 10,000 BTC by the end of 2025, recently bought an additional 150 BTC. This acquisition strategy was revealed for the first time last year, positioning Metaplanet as an important actor in the digital active space.
Eric Trump is also known for his role as World Liberty Financial Ambassador, a crypto project that includes his brothers, Donald Jr. and Barron Trump. The project promotes the adoption of digital assets but specifies that Trump family members do not manage it or do not have it.
The appointment raises potential concerns about conflicts of interest due to the family ties of Eric Trump with US President Donald Trump. His involvement with the Trump organization can meet American policies related to cryptographic regulations, a subject that the president said he was supporting.
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