Special Assistant to Trump Holds XRP and Cardano (ADA): Details

Since President Trump’s return to office, the tone from Washington toward digital assets has changed markedly. The approach to regulatory clarity, blockchain infrastructure, and national strategy has shifted from hostility to structured support. The White House now appears more openly aligned with the crypto sector than at any previous point in U.S. history. New financial disclosures show that this alignment may extend beyond policy. Thorgersen Thomas, a Special Assistant to the President and Director of the White House Travel Office, holds personal investments in XRP and ADA, two major digital assets. More Pro-crypto Staff in the White House This information was found in his official financial disclosure, where he reported assets valued between $1,001 and $15,000 in each of the two tokens, stored in a Coinbase wallet. The filing also notes that Thomas earned between $2,501 and $5,000 in income from his XRP holdings, while ADA generated income below the reporting threshold of $201. Thorgersen Thomas was appointed to his current role on January 21, one day after President Trump’s 2025 inauguration. Though the amounts are relatively modest, their presence signals an alignment between his personal financial decisions and the administration’s broader digital asset agenda. Trump’s Support for the Crypto Market The information was first shared on X by key voices within the XRP community, including King Solomon (@IOV_Owl) and Good Morning Crypto (@AbsGMCrypto). The presence of pro-crypto staff in the White House is notable because of Trump’s openness toward digital assets. UPDATE: Special Assistant To President Trump Holds $XRP & $ADA ! https://t.co/XSR5kYUldF pic.twitter.com/Nyra7kPHVR — Good Morning Crypto (@AbsGMCrypto) June 16, 2025 We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The president announced plans for a national crypto reserve less than two weeks after his inauguration. Meanwhile, President Trump’s son Eric Trump has hinted at plans to remove capital gains taxes on U.S.-based cryptocurrencies. Trump has also held multiple meetings with industry leaders, including Ripple CEO Brad Garlinghouse. These developments suggest a level of positive governmental interest in blockchain technologies not seen in past administrations. A Clearer Direction from the White House The Trump administration supports cryptocurrency. It has introduced policy frameworks aimed at reducing regulatory uncertainty, including the first-ever crypto-related law to reduce unnecessary overreach and freeing up market participants. Given these moves, it is not surprising that members of the President’s inner circle would have personal exposure to digital assets. It reinforces the notion that cryptocurrencies are no longer viewed as fringe or speculative at the highest levels of government. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Special Assistant to Trump Holds XRP and Cardano (ADA): Details appeared first on Times Tabloid .

Source: TimesTabloid