A Trump-branded crypto buying and selling app and pockets is reportedly in improvement, based on a brand new web site.
The positioning — TrumpWallet.com — invitations customers to hitch a waitlist for what it calls the “Official $TRUMP Wallet by President Trump,” created in partnership with Magic Eden and the staff behind the TRUMP (TRUMP) memecoin.
Crypto journalist Molly White first reported the positioning’s existence, noting the appliance is designed to permit buying and selling of the TRUMP token, Bitcoin (BTC), and different digital belongings.
On the time of writing, there is no such thing as a formal announcement from the Trump staff or its crypto companions.
Trump and Magic Eden connections
Based on the positioning, the pockets is a collaboration between NFT market Magic Eden and GetTrumpMemes.com, the group behind Trump’s memecoin.
A promotional banner on the web site advertises “$1 MILLION in TRUMP REWARDS!” and descriptions a referral-based sweepstakes promising “Trump Boxes” containing as much as 50 $TRUMP tokens. One participant may even be randomly chosen to obtain $100,000 in $TRUMP.
Whereas the pockets’s interface seems to imitate Slingshot Finance’s design — together with navigation gadgets and authorized paperwork — it’s unclear whether or not the ultimate product will likely be a Slingshot reskin or a standalone utility.
Magic Eden acquired Slingshot Finance in April as a part of a push into broader crypto buying and selling. The present phrases and privateness coverage on the TrumpWallet website are lifted straight from Slingshot, suggesting potential shared infrastructure.
Magic Eden CEO Jack Lu and different executives attended a Trump crypto dinner in Could alongside memecoin backers, cementing ties between the platform and the Trump-themed token.