Trump's crypto czar David Sacks confirms divesting from Solana backer Multicoin
Name
Trump's crypto czar David Sacks confirms divesting from Solana backer Multicoin
Description
David Sacks, the White House AI and Crypto Czar, said today he has divested from Multicoin Capital, the crypto-focused venture capital firm known for backing Solana.
Publish date
12:00am, Tuesday, March 4, 2025
Referenced by
David Sacks says he closed all crypto positions before Trump took office
Crypto news
News story
The statement comes amid scrutiny over President Trump’s plan to include Bitcoin, Ether, Solana, XRP, and Cardano in a national crypto stockpile, which triggered major price increases for the selected digital assets.
Crypto news
Quote
David Sacks, the White House AI and Crypto Czar, said today he has divested from Multicoin Capital, the crypto-focused venture capital firm known for backing Solana.
Crypto news
Quote