The highly anticipated White House crypto summit is about to be held. Who are the 25 mysterious seats?

Author: angelilu, Foresight News

US AI and cryptocurrency Tsar David Sacks tweeted on March 1 to confirm that the White House will hold its first crypto summit on March 7, and that US President Trump will personally participate and speak. The title of "White House First Crypto Summit" alone is enough to stir up a wave of thousands of layers in the crypto industry. U.S. President Trump stated on the next day (March 2) that he would establish a "cryptocurrency strategic reserve", which proposed to include XRP, SOL and ADA in the reserves, and then supplement other top cryptocurrencies such as BTC and ETH will also be included in the reserves.

When people want to learn more, David Sacks spoke again, saying that more information about building a strategic reserve of cryptocurrencies will be revealed at the summit on March 7.

The predecessor of the summit was the "Crypto Advisory Committee"

Although there is not much official information released at this summit, there are only White House documents that have not been published by David Sacks, but there are a lot of rumors.

FOX Business reporter Eleanor Terrett revealed that Friday's White House crypto summit will be the first of a series of meetings, which will replace the previously highly-watched "crypto advisory committee" as a way for the President's Digital Assets Task Force to cooperate with the industry to formulate policies, and 25 invitees have been finalized.

You should know that as early as the eve of Trump's inauguration, crypto industry executives were already competing for these precious "crypto advisory committee" seats. The committee shoulders important missions such as drafting legislation, establishing Bitcoin reserves and promoting the clarification of regulation. According to reports, the committee originally planned to be composed of about 24 crypto industry CEOs and founders, but has not released the official list yet. According to a previous report by Bloomberg, the founders of major crypto projects in the United States have been trying their best to get the opportunity to be selected through various relationship networks. However, 25 seats clearly fail to meet the ambitions of industry leaders, and in mid-February, people familiar with the matter revealed that Trump is considering replacing the original crypto advisory committee concept with an informal industry summit and may convert fixed seats into rotational seats.

Coincidentally, the initial invitation list of this crypto summit was about 25 people. The delegates invited to attend the conference are very likely to be the first to master core intelligence such as the selection criteria for US cryptocurrency strategic reserve assets, which means that the possibility of digital assets associated with these representatives being included in the national strategic reserves will be greatly increased. Industry analysts have pointed out that the US government's strategic reserve assets, except for Bitcoin, are likely to need to be purchased through the open market, which will undoubtedly bring significant benefits to the related assets.

Who will participate?

In addition to the explicitly mentioned US President Trump, AI and cryptocurrency Tsar David Sacks and Bo Hines, executive director of the Crypto Task Force, sources said that politicians attending the summit include US Treasury Secretary Scott Bessent, U.S. Commerce Secretary Howard Lutnick, New York Attorney General Letitia James, U.S. Attorney General Pam Bondi and SEC Chairman Paul Atkins will attend the meeting.

Recommended reading for Bo Hines related introduction: " Who is Bo Hines who led this week's White House Crypto Summit? 》

In addition to politicians, who are more concerned about the industry people who can participate in this summit?

Although the official list has not been released yet, based on existing information and recent developments, we can speculate on several possible important participants.

First of all, in recent hours, industry celebrities have confirmed that they will attend the summit (of course, there are also many communities who post the same template text and play with memes). In addition, the basis for speculation can be based on previous reports by Bloomberg that most possible appointees in the "Crypto Advisory Committee" have established relationships with Trump and have met him in recent months, which is an important basis for further speculation.

Pin on the board

Brad Garlinghouse (Ripple CEO)

Ripple CEO Brad Garlinghouse was the first to hint in his tweet that he was on the invitation list. He retweeted David Sacks' tweet and said he would appear in Washington at the time of the summit.

Looking back, Trump and Ripple’s connection dates back to last December, when Ripple donated $5 million worth of XRP to Trump’s inauguration. Afterwards, Ripple CEO Brad Garlinghouse and Ripple's chief legal officer Stu Alderoty were photographed having dinner with the president at Mallagher.

In addition, in February, Trump shared an article published by CoinDesk about Ripple CEO Brad Garlinghouse on Truth Social, which also triggered price fluctuations in XRP. In March, XRP was included in the U.S. cryptocurrency reserve assets.

Matt Huang (Co-founder of Paradigm)

Another confirmed attendee was Paradigm co-founder Matt Huang, who tweeted on March 5 to confirm that he would attend Friday’s White House Digital Assets Summit and thanked President Trump for his invitation. The topics he expressed anticipation include: how the United States can lead in promoting the open crypto principle and support builders in ecosystems such as Bitcoin, Ethereum and Solana.

Kyle Samani (Managing Partner, Multicoin Capital)

Multicoin Capital managing partner Kyle Samani also confirmed on a tweet that he would attend the summit.

Michael Saylor (founder of Strategy)

Michael Saylor tweeted to confirm attendance.

David Bailey (Bitcoin Magazine)

Bitcoin Magazine CEO David Bailey retweeted Michael Saylor's tweet and wrote "See you there", hinting that he would also attend the summit.

Jp Richardson (Exodus CEO)

Jp Richardson, CEO of crypto wallet supplier Exodus, issued a statement confirming that he will attend this Friday's digital asset summit and said that self-hosting content may be discussed. Previously, Exodus had also wanted to donate Trump's election.

Zach Witkoff (Co-founder of World Liberty Fund)

Zach Witkoff confirmed on a tweet that he would attend Friday’s White House Digital Assets Summit.

Possible to attend?

Charles Hoskinson (founder of Cardano)

Hoskinson previously said through his personal podcast that he has been involved in the formulation of U.S. crypto policy and revealed in February that he will meet a "big guy". Similarly, ADA is included in U.S. cryptocurrency reserve assets.

And Hoskinson's remarks also indicate that he may attend the summit. After the community sent questions about why the ADA was included in the reserves, he posted on March 2 that "the executive will not appoint anyone to any cryptocurrency-related roles tonight, and the meeting does not mean recognition or magical new powers, and the legislative process is like this, and it is a process that takes time and energy.

Until I get clear and tangible news about the legislative process, I will not comment on this topic again to create new laws that enable the industry to survive and grow in the United States. "

Jeremy Allaire (Circle CEO)

Circle also donated money to Trump's inauguration fund, and Circle, as the issuer of USDC, plays an important role in the stablecoin field. Its CEO Jeremy Allaire may speak out during the summit, especially given that stablecoins may become an important part of U.S. regulation.

Brian Armstrong (Chief of Coinbase)

Before Trump took office, people familiar with the matter said that Trump had a private meeting with Coinbase CEO Brian Armstrong, and Brian Armstrong had said that U.S. President Trump showed strong interest in strategic Bitcoin reserves.

Coinbase has been actively involved in crypto policy discussions in the United States, and Brian Armstrong has met with U.S. Congressmen and regulators many times and has publicly called for a reasonable cryptocurrency regulatory framework. In addition, Coinbase has been very determined recently in the face of the Securities and Exchange Commission’s (SEC) legal challenges and continues to promote regulatory clarity.

Kris Marszalek (CEO of Crypto.com)

Crypto.com CEO Kris Marszalek also posted a photo with Trump, and the tweet is currently on his homepage, which has donated $1 million to the Trump Inauguration Committee. So it’s not hard to doubt that Kris Marszalek is on the list too.

Nathan Allman (Ondo Finance CEO)

Ondo is also an crypto project that has donated money to the Trump Inauguration Committee, and the Trump family crypto project WLFI has bought Ondo's token ONDO. Nathan Allman agrees with the practice of U.S.-based blockchain company, “As a U.S.-based blockchain company, we believe that President Trump’s establishment of U.S. strategic cryptocurrency reserves is a key step towards U.S. digital assets leadership.”

Sergey Nazarov (Co-founder of Chainlink)

Sergey Nazarov's latest tweet shows he is in Washington and has been in close contact with government officials in the last week of February.

Stuart Alderoty (Ripple Chief Legal Officer)

It is not clear whether a company or entity has only one place. Ripple's chief legal officer Stuart Alderoty is not sure whether he is on the invitation list. Although he took photos with Trump with Brad Garlinghouse and had more than 30 years of legal experience, Stuart Alderoty's recent X account has not posted any updates related to the summit.

Joseph Lubin (founder of Consensys)

Joseph Lubin, co-founder of Ethereum and founder of Consensys, said in response to Trump’s news of building cryptocurrency reserves, “My colleagues and I spent a lot of time in Washington, D.C. before and after the Nov. 5 election. The Trump administration is very familiar with Ethereum’s status, maturity and capabilities. The Trump family is very keen to build many businesses on Ethereum.”

In addition, Eleanor Terrett confirmed on X that the guest list will be less than expected, as the summit will include other members of the President’s Digital Assets Task Force, but then a larger, invite-only reception will be held on the street across the White House for those not invited to the roundtable. The list of possible participation also includes:

In addition, the community also speculated that Robinhood CEO Vlad Tenev, Kraken CEO Arjun Sethi and Cathie Wood will attend the summit, and no relevant clues are found.

summary

As one of the important industry meetings launched by the Trump new administration, this summit will have a profound impact on the development pattern of cryptocurrencies in the United States and even the world.

During the preparatory phase of the summit, when it was still called the "crypto advisory committee", the topics revealed by people familiar with the matter include core areas such as digital payment innovation, crypto data center construction, and Bitcoin mining industry planning.

There are also community rumors that the Trump administration plans to introduce a zero-capital gains tax policy, exempting taxes on crypto assets held for more than one year.

Industry experts generally predict that this summit will explore a number of key issues in depth: first, establishing a strategic reserve of US cryptocurrencies, which is not only about the security of national digital assets, but also brings a huge value increase to selected assets; second, the clarification of the regulatory framework, providing a stable and predictable environment for industry development; second, it is to promote widespread adoption at the institutional level and promote crypto assets to enter the mainstream financial system; finally, it is to resolve some controversial regulatory policies to ensure the healthy development of the industry.

In addition, the U.S. Securities and Exchange Commission is also actively preparing a series of special seminars, the first one will be held at the SEC headquarters in Washington, DC on March 21, focusing on the fundamental issue of "definition of safety status".