Trump’s Advisor Holds Up to $5M in Coinbase Stock

Kevin Hassett, Trump’s economic advisor, reveals up to $5M in Coinbase shares and a $50K+ board salary.

  • Kevin Hassett discloses $1M–$5M in Coinbase stock.
  • He earned over $50K from his board role at Coinbase.
  • Ties highlight growing crypto links in U.S. politics.

Former Trump economic advisor Kevin Hassett has revealed significant financial ties to crypto exchange Coinbase. According to a Bloomberg report, Hassett holds between $1 million and $5 million worth of Coinbase stock. This disclosure marks another example of how influential figures in U.S. politics are increasingly involved in the digital asset space.

In addition to his stock holdings, Hassett also reported earning a salary of $50,001 from Coinbase for his role on the company’s board. The combination of board service and substantial equity signals a deepening relationship between traditional political advisors and the cryptocurrency industry.

A Shift in Political Influence on Crypto

Hassett, known for shaping economic policy during the Trump administration, is now clearly invested in the future of digital finance. His involvement with Coinbase isn’t just financial—it places him in a strategic position within one of the most high-profile crypto platforms in the United States.

This kind of political-crypto crossover could have long-term implications. As regulation around digital assets becomes more pressing, individuals like Hassett may influence how the industry is shaped at the legislative and policy levels.

Coinbase’s Strategy: Building Credibility and Influence

Bringing someone like Kevin Hassett onto its board helps Coinbase in more ways than one. It not only adds economic expertise but also potentially grants the company better access to government decision-makers and regulatory insight. For Coinbase, having board members with political backgrounds strengthens its position as a credible and regulated player in the U.S. financial system.

With increasing political interest and investment in crypto, we’re likely to see more of these connections form, blurring the lines between Washington and the blockchain.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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