Key Takeaways
President Trump is reportedly launching a crypto wallet and trading app called ‘$TRUMP Wallet’ in collaboration with Magic Eden.
A promotion offering $1 million in ‘Trump Rewards’ is part of the project’s launch, with opportunities to win $TRUMP memecoins.
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Donald Trump Jr. on Tuesday confirmed that a crypto wallet from The Trump Organization is on the way, but distanced the team from a new domain claiming to represent the official rollout. Eric Trump also stated the website was unaffiliated.
The Trump Organization has zero involvement with this wallet product. @EricTrump and I know nothing about it. Stay tuned—World Liberty Financial @worldlibertyfi, which we have been working tirelessly on, will be launching our official wallet soon. https://t.co/h1wO7dy6AX
— Donald Trump Jr. (@DonaldJTrumpJr) June 3, 2025
I run @Trump and I know nothing about this project! @worldlibertyfi $Trump @AmericanBTC https://t.co/AnlQAKDcqf
— Eric Trump (@EricTrump) June 3, 2025
The newly discovered domain, first reported by software engineer and crypto researcher Molly White, operates separately from the official Trump meme coin project site, which previously announced the Trump dinner with top crypto holders.
The new landing page is focused on promoting the $TRUMP Wallet, featuring waitlist sign-up, a promise of $1 million in token rewards, a mobile app interface preview, and branding that positions it as the official gateway for managing and trading Trump-themed digital assets.
According to other subpages, the project is officially sponsored by Slingshot Finance, a mobile-first crypto trading platform recently acquired by Magic Eden as part of its strategy to expand beyond NFTs into broader token trading operations. There was no official announcement from either team at press time.
Magic Eden CEO Jack Lu attended the Trump meme coin dinner, alongside the company’s Chief Business Officer Chris Akhavan and Slingshot Finance founder Clinton Bembry.
Honored to be at the Trump Crypto dinner with @GetTrumpMemes
Going to be a great night! pic.twitter.com/H4fBZbtxKf
— Jack (@0xLeoInRio) May 22, 2025
Magic Eden previously partnered with Trump in March 2024, when the Trump Cards NFT collection migrated to the platform.
The $TRUMP token briefly spiked from $11.30 to nearly $12 on Tuesday following reports of the Trump-branded crypto wallet, per CoinGecko data. However, the rally quickly lost momentum.
At the time of writing, the token was trading at $11.5, still up 3% over the past 24 hours. It previously jumped over 50% on news of the Trump dinner.
[June 3, 2:00 PM ET]: This article has been updated to include a clarification from Donald Trump Jr. and Eric Trump, who denied any connection between the Trump Organization and the domain trumpwallet.com.
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