Lutnick is a proponent of cryptocurrency, especially Bitcoin. His company, Cantor Fitzgerald, has been assisting Tether in managing the US Treasury bond reserves backing USDT since 2021.
The social media company owned by Trump is in talks to acquire the cryptocurrency exchange platform Bakkt, planning to fully acquire Bakkt, with Trump committing to retain his 53% stake.
One of the most shocking things about last week's presidential election was that many people seemed unusually excited about Trump's victory, while some were extremely excited about a certain vision of the future, precisely the sign that a bubble is beginning to form.
On November 15, according to market reports, the U.S. SEC Chair Gary Gensler made a statement implying that he may leave the U.S. Securities and Exchange Commission.
Several crypto-friendly individuals are rumored to join the Trump administration, including Dan Gallagher as a potential SEC Chairman, Scott Bessent as a possible Treasury Secretary, and Musk to lead the Department of Government Efficiency (DOGE).
In the week following the election, this article takes stock from the market's perspective on publicly disclosed wealth appreciation to highlight the top ten winners of the Trump victory.
「We are highly optimistic that the government will now foster innovation, accelerate progress, and enable the crypto ecosystem to thrive in the United States.」