US President's Family Denies Involvement in Creation of TRUMP Wallet

US President Donald Trump's youngest son, Donald Trump Jr., has said that the Trump Organization has nothing to do with the development and launch of a wallet called the TRUMP Wallet.

In his post on the social network X, he emphasized that neither he nor Eric Trump had any information about this product. At the same time, Trump Jr. noted that an official wallet from the World Liberty Financial project, which he and his team have been working on for a long time, would soon be presented. Later, Barron Trump, the president’s youngest son, also denied the family’s connection to this application, writing that their family “is in no way involved in the creation of this wallet.”

The family has thus officially distanced itself from the TRUMP Wallet initiative, which emerged earlier in the day after an account associated with the presidential memecoin, TrumpMeme, tweeted that the wallet would be coming to market “soon” and would be integrated into the meme ecosystem to make it as easy as possible for Trump supporters to access the crypto market.

Magic Eden CEO Jack Lu commented on the situation, confirming that his company is indeed collaborating with the $TRUMP team, but that it is about a different product, TrumpWalletApp, which is currently under development. The TRUMP Wallet website is already up and running, but contains minimal information. The page asks users to sign up for a waiting list to get early access to the service. It also states that the wallet will allow storing and exchanging digital assets, although technical details and specific launch dates remain unknown. According to the website, the development is being carried out in collaboration with GetTrumpMemes, a platform associated with the release of Trump-themed memecoins.

Let us recall that at a conference held in Las Vegas, Donald Trump Jr. and his brother Eric Trump expressed confidence that Bitcoin could renew its historical maximum in the near future.