Trump-backed team to reportedly launch trading app and wallet originally appeared on TheStreet .
The team behind President Donald Trump's meme coin is set to launch a branded crypto wallet and trading application, crypto journalist Molly White reported on June 3.
The TRUMP meme coin team has joined forces with Magic Eden, a leading non-fungible token (NFT) marketplace, to launch a new website , which asks users to join the waitlist to get the "Official $TRUMP Wallet." It also promises “$1 MILLION in TRUMP REWARDS!” to the users.
The meme coin's official X account confirmed the launch of the TRUMP wallet, saying its mission is to "make it super easy for Trump supporters to get into crypto."
Magic Eden also confirmed on X that it is behind the TRUMP wallet. The contest begins on June 3 and ends on July 4, and all potential winners are required to create their wallets to claim a prize.
The newly launched website says:
Is this the Official Trump Wallet?
Yes! This is The Official $TRUMP Wallet by President Trump. Magic Eden partnered with GetTrumpMemes.com to create the first and only $TRUMP Wallet. Have Fun!
The app will ask Trump's fans to trade not only TRUMP but Bitcoin and other cryptocurrencies also.
Trump family denies involvement
Trump's sons, Donald Jr. and Eric, denied that The Trump Organization is in any way involved with the wallet.
Donald Jr. wrote on X :
The Trump Organization has zero involvement with this wallet product.
World Liberty Financial will be launching its own official wallet soon, he added.
Eric also backed his elder brother, saying he knew nothing about this project.
Molly White speculated that it's likely that there is a breakdown between Bill Zanker's team and Trump's sons. Zanker is a longtime Trump associate who has developed several Trump-branded products, including NFTs, sneakers, and cologne. His company, Fight Fight Fight LLC, is behind the TRUMP meme coin.
Both Trump and his wife, Melania, launched the eponymous meme coins ahead of his presidential inauguration on Jan. 20. Both the meme coins have tanked since their launch, with TRUMP and MELANIA trading 85% and 97% lower than their record highs.
Trump recently hosted a much-publicized private dinner for top holders of the meme coin, and the crypto team partnered with Magic Eden to gift the promised NFTs to the guests today.
The Trump family is involved with multiple crypto ventures such as these meme coins, the World Liberty Financial crypto platform, the USD1 stablecoin , crypto exchange-traded funds (ETFs), and NFTs. His critics, including those in the Democratic Party, have flagged these ventures for alleged conflicts of interest.
Trump-backed team to reportedly launch trading app and wallet first appeared on TheStreet on Jun 3, 2025
This story was originally reported by TheStreet on Jun 3, 2025, where it first appeared.