Ripple CEO Brad Garlinghouse and other notable crypto stakeholders will attend the White House Crypto Summit tomorrow. The crypto community is looking forward to the Summit, as US President Donald Trump could make announcements related to the Strategic Reserve.
Ripple CEO Brad Garlinghouse To Attend White House Crypto Summit
In an X post, FOX Journalist Eleanor Terrett confirmed that Ripple CEO Brad Garlinghouse will attend tomorrow’s White House Crypto Summit. Before now, it was uncertain if Garlinghouse would attend the Summit as he hadn’t mentioned anything in such regard.
Garlinghouse’s attendance at the Summit is significant as he will be representing the Ripple and XRP community. The Summit is particularly of interest to the XRP community as Donald Trump could give more details about the proposed Crypto Strategic Reserve, just days after the US president announced that XRP will be in the Reserve.
Meanwhile, Terrett also revealed some other crypto stakeholders who will attend the Crypto Summit. They include Chris Giancarlo, the former chairman of the US CFTC; Kris Marszalek, the CEO of Crypto.com; and Gemini’s founders Cameron and Tyler Winklevoss.
Robinhood’s CEO Vlad Tenev, Coinbase’s CEO Brian Armstrong, and Kraken’s CEO Arjun Sethi will attend the White House Crypto Summit. As CoinGape reported, MicroStrategy’s Executive Chairman Michael Saylor, JP Richardson, CEO of Exodus, and Matt Huang, co-founder of Paradigm, will also attend alongside the Ripple CEO and other stakeholders.
White House AI and Crypto Czar David Sacks confirmed that Terrett’s list looks correct. He noted that the Summit is not a conference but a roundtable. As such, while they appreciate the interest shown by several stakeholders, they intend to keep it small to have a “meaningful conversation.”
World Liberty’s Co-Founder Addresses Lack Of Ethereum Representative At Summit
In an X post, Zach Witkoff, co-founder of World Liberty Financial, confirmed that he will attend the White House Crypto Summit alongside the Ripple CEO and other crypto stakeholders.
Witkoff made this revelation while addressing the crypto community’s call for an ETH representative at the White House Crypto Summit on Friday. He indicated that he was representing the Ethereum community while affirming that his company has been one of the biggest Ethereum supporters from day one.
In line with this, he remarked that they stand with the ETH community and asked community members what they want him to discuss at the Summit. Joseph Lubin, the co-founder of the top layer-1 network, also said he is happy to confirm that Zach is an Ethereum OG and is working with other ETH OGs.
Tokyo-based Metaplanet is raising cash to fund its Bitcoin purchases via the issuance of ordinary bonds. The firm has raised 3.6 billion JPY (US$23 million) from the issuance, which it says it will deploy toward its BTC buying spree.
Metaplanet Issues Ordinary Bonds To Power Bitcoin Purchases
According to a disclosure on X, Metaplanet has issued 3.6 billion JPY ($23 million) in ordinary bonds to expand its Bitcoin cache. Per the statement, the raise has the consent of the Board of Directors, making it the 12th issuance of ordinary bonds for Metaplanet.
The new bonds will not bear interest and will be redeemable at face value at the end of October 2025. With the processes for issuance complete, Metaplanet says the purpose of the fund raise is to purchase more Bitcoin.
“The proceeds raised through this issuance will be allocated to the purchase of Bitcoin, in accordance with the stated use of funds,” read the statement.
Metaplanet is on a red-hot streak for BTC accumulation, reaching the 5,000 Bitcoin mark after buying 145 BTC in late April. Rather than rest on its laurels, Metaplanet is scouring for cash to add more Bitcoin to its stash, turning to bond issuance for funding.
At current prices, Metaplanet’s raise of $23 million can purchase around 250 BTC for the Tokyo-based company. Metaplanet has set a target of 10,000 BTC before the end of 2025, and an aggressive accumulation spree puts the firm on track to achieve its goal.
Is The Company Positioning For Even Bigger Bitcoin Purchases
MicroStrategy has its sights on increasing its Bitcoin holdings in the coming days, mirroring MicroStrategy’s moves. Early in the week, Metaplanet tapped David Bailey to join its Strategic Board of Advisors, teaming up with Eric Trump.
The company followed up with the launch of a new US subsidiary, opting to set up shop in Florida. Metaplanet says the US launch will provide access to deeper institutional pools to power more Bitcoin purchases. Launched with a $250 million operating capital, the new US entity can purchase up to 2,777 BTC.
Metaplanet and Microstrategy have gained over $5.1 billion from their combined Bitcoin treasury strategy in 2025. However, Metaplanet has raked in $200 million in paper gains from its Q1 BTC accumulation, stoking enthusiasm for bigger purchases.
The gains follow the rise of Bitcoin price in recent days, with BTC inching toward $100K. Bitcoin has risen to $97K in a rally that sees BTC climb by over 4% in the last seven days.
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Meta Earth Official Launch Event
Date: May 1, 2025, 16:00 – 19:30
Location: Address Sky View – Dubai
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