XRP News Today: Donald Trump Jr. Invests $6 Million in Thumzup Media, Boosting Crypto Holdings

Donald Trump Jr. has made a significant investment in the cryptocurrency sector, injecting $6 million into Thumzup Media by acquiring 350,000 shares in July 2025. This move underscores the Trump family's growing interest in the crypto market, as Thumzup Media, a social media firm, is known for building a Bitcoin treasury and is now exploring the addition of other cryptocurrencies such as Dogecoin and XRP to its reserves. The company has filed a prospectus to sell up to 3.25 million shares, further indicating its strategic moves in the crypto space.

This investment by Donald Trump Jr. not only highlights his personal interest in cryptocurrencies but also signals a broader trend within the Trump family's financial portfolio, which has been quietly expanding its crypto holdings. The move by Thumzup Media to consider additional cryptocurrencies like Dogecoin and XRP suggests a forward-thinking approach to diversifying its digital asset holdings, potentially positioning the company as a key player in the evolving crypto landscape.

Trump Jr.'s actions suggest a strong belief in the future of cryptocurrency, aligning with the increasing involvement of the Trump family in digital assets. This investment may influence market sentiment amid growing institutional interest in digital assets. Thumzup's diversification plan reflects a growing trend among companies to expand their crypto portfolios, demonstrating a proactive approach toward crypto adoption.

While specific details of the new tokens are yet to be disclosed, Thumzup's strategy includes a significant allocation increase. This move is part of the Trump family's broader strategy towards digital assets, following their launch of various crypto-related initiatives. The company's actions align with broader market trends and the rising corporate interest in blockchain technologies.

Donald Trump Jr. has earned over $57 million from token sales on the platform and holds nearly 16 billion of the governance tokens—the crypto version of voting shares—launched by World Liberty. This investment comes amid growing institutional interest, exemplified by a significant investment into World Liberty Financial's stablecoin by a major firm. The move by Thumzup Media to consider additional cryptocurrencies like Dogecoin and XRP suggests a forward-thinking approach to diversifying its digital asset holdings, potentially positioning the company as a key player in the evolving crypto landscape.