Trump Hosts Crypto and Tech Leaders at White House Amid Ballroom Expansion Plan

Gemini, Coinbase, Ripple and major tech firms attended a $250 million ballroom project dinner during a partial government shutdown.

TRUMP

Summary

U.S. President Donald Trump held a White House dinner for a company pledging $250 million to construct a new ballroom as part of his "People's House modernization" vision. The event drew notable attendees including Gemini co-founders Cameron and Tyler Winklevoss, representatives from Coinbase Global and Ripple Labs, alongside executives from Meta, Google, Amazon, Lockheed Martin, and Microsoft. The expansion will add approximately 8,361 square meters for official and private events. The project has faced criticism over its cost during an ongoing partial government shutdown.

Terms & Concepts
  • Gemini: A cryptocurrency exchange founded by Cameron and Tyler Winklevoss, offering trading and custody services for digital assets.
  • Coinbase Global: A major U.S.-based cryptocurrency exchange platform that facilitates buying, selling, and storing digital currencies.
  • Ripple Labs: A blockchain-based company known for developing the Ripple payment protocol and its native cryptocurrency XRP.