Cantor Equity Partners, Inc.

That month, the media company run by President Trump's family confirmed plans to raise two and a half billion dollars to buy up crypto.

21 Capital, a business run by Jack Mallers, who was influential in making Bitcoin legal tender in El Salvador, struck a deal with Cantor Equity Partners, headed up by Brandon Lutnick, the son of Commerce Secretary Howard Lutnick, and backed by SoftBank and the stablecoin operator Tether, to buy billions of dollars of Bitcoin.

These are some of the most respected names in the crypto industry.

The US politician and the first person to have been laid off by DOGE, Vivek Ramaswamy's asset management firm Strive, and American Bitcoin, a crypto miner part-owned by President Trump's sons, announced a merger giving their Bitcoin acquisition vehicles access to a stock market listing and, with it, the opportunity to raise further funds.