In a surprising turn in the evolving intersection of politics and digital assets, Magic Eden has collaborated with the creators of the Trump-themed memecoin to develop an official Trump-branded crypto wallet. Announced Tuesday via social media, the new wallet is being marketed as “The Official $TRUMP Wallet by President Trump.”
According to the project’s website, users can now join a waitlist to be among the first to access the product. “Yes! This is The Official $TRUMP Wallet,” the website confirms. “Magic Eden partnered with GetTrumpMemes.com to launch the first and only wallet built for the $TRUMP memecoin. Have Fun!”
Political Controversy Meets Crypto Hype
Despite increasing scrutiny surrounding Trump’s growing ties to cryptocurrency, his team appears undeterred by criticism. The backlash intensified after Trump recently attended an exclusive dinner with top holders of the TRUMP token, prompting accusations of monetizing presidential access.
Neither Magic Eden nor Fight Fight Fight LLC — the company behind the Trump memecoin — has issued a formal statement in response to public concern. The project was initially flagged by crypto analyst and journalist Molly White, who uncovered the wallet’s existence and public-facing website.
A Broader Push Into Web3
The launch of this wallet isn’t an isolated incident. Back in November 2024, Trump Media and Technology Group submitted a trademark filing for “Truth.Fi,” detailing plans for “downloadable computer software for use as a digital wallet.” That move hinted at deeper ambitions within the blockchain space.
Once a vocal opponent of Bitcoin, Trump has shifted significantly, now embracing various corners of the crypto industry. Just last week, his media company announced a $2 billion investment plan to purchase Bitcoin, a move that raised eyebrows in both political and financial circles.
Furthermore, Trump and his sons are listed as supporters of World Liberty Financial, a decentralized finance (DeFi) venture that has introduced its own stablecoin.
Crypto and Politics: A Blurring Line
This latest development underscores a larger trend: the merging of political influence and blockchain technology. The Trump wallet joins a growing list of crypto ventures tied to prominent public figures, but few carry the weight — or controversy — of a former U.S. president.