The White House is preparing for a major crypto summit on Friday, bringing together top executives from the cryptocurrency industry.
Tops Crypto Executives to Attend Crypto Summit
🚨NEW: More attendees are confirming attendance at Friday’s White House Crypto Summit.
Confirmations so far from:@saylor, @DavidFBailey, @matthuang, @jprichardson. https://t.co/mxupyxfWKh
— Eleanor Terrett (@EleanorTerrett) March 4, 2025
According to Fox Business reporter Eleanor Terrett, several prominent figures have confirmed their attendance, including Michael Saylor, founder of Strategy, David Bailey, CEO of Bitcoin Magazine, Matt Huang, co-founder of Paradigm, J.P. Richardson, CEO of Exodus, Kyle Samani, co-founder of Multicoin Capital, Zach Witkoff, co-founder of World Liberty Financial, Sergey Nazarov, co-founder of Chainlink, Brian Armstrong, CEO of Coinbase, Vlad Tenev, CEO of Robinhood, and Arjun Sethi, CEO of Kraken.
However, there has been no confirmation regarding the attendance of Ripple CEO Brad Garlinghouse or Cardano founder Charles Hoskinson. These figures are especially relevant after President Donald Trump recently proposed creating a crypto reserve, which would include Bitcoin, Ethereum, and several altcoins like Ripple (XRP), Solana (SOL), and Cardano (ADA). The announcement has fueled a surge in crypto markets, but there’s been debate over which assets should be included.
Some industry leaders, including Coinbase’s Brian Armstrong, have strongly supported a Bitcoin-centric reserve, arguing it is the simplest and best choice. Others, like Samson Mow, caution that the inclusion of multiple cryptocurrencies in a reserve would require a formal process.
Mow raised concerns about the possibility of unilateral decisions, stating that Trump cannot simply dictate what goes into a reserve. He emphasized that a proposal from the working group would be needed, followed by Congressional approval. He also argued that the announcement by Trump was politically motivated and not a policy.
