CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

cryptonews 2025-04-29 06:29:56

David Sacks, Winklevoss Twins Co-Found Exclusive ‘Executive Branch’ Club With $500K Entry Price

Executive Branch, a project co-founded by Donald Trump Jr., White House crypto czar David Sacks and Gemini co-founders Tyler and Cameron Winklevoss, is charging $500,000 for membership with a growing waiting list. Located in Washington’s Georgetown neighborhood, the club is set to open within weeks. Its launch party on Saturday reportedly drew cabinet officials, tech founders and wealthy investors, signaling its ambitions to blend political influence, crypto leadership, and business networking under one roof. Last night a new club opened in the wealthy Georgetown neighborhood in Washington, D.C. It’s called “Executive Branch,” and it’s an invitation-only club backed by Donald Trump Jr. and megadonor Omeed Malik. Dasha Burns of Politicoreported that it costs more than half a million… — Harvey J Kaye (@harveyjkaye) April 28, 2025 Attendees included Secretary of State Marco Rubio, SEC Chairman Paul Atkins, and several high-profile tech CEOs, CNBC reported Monday. Crypto Titans Tighten Grip On Washington’s Private Power Circles Executive Branch stands apart from other luxury private clubs that have boomed in cities like New York and Miami since the pandemic. By comparison, venues such as Aman Club charge up to $200,000 for membership. In contrast, Executive Branch’s $500,000 entry fee makes it one of the most expensive membership clubs in the US. Additionally, annual dues are expected but have not yet been disclosed. Crypto’s rising political influence is unmistakable in the club’s founding team. The inclusion of the Winklevoss twins and Sacks points to how digital asset leaders are embedding themselves in conservative political networks. With crypto regulation a key topic in Washington , proximity to policymakers may soon prove as valuable as market access. Membership at Executive Branch is tightly controlled. Prospective applicants require referrals and undergo heavy screening. CNBC reported that some people have offered up to $1m to secure early admission, only to be turned away. “We do not want members of the media or just a lot of lobbyists joining,” one person involved with the club said. “We want people to feel comfortable having conversations in privacy.” New Club Fuses Trump-Era Networks With Rising Crypto Clout The project revives a familiar model in Washington. During the first Trump administration, the Trump International Hotel became a magnet for Republican officials, foreign dignitaries, and business elites. Executive Branch is now positioned to serve a similar role, although with an even tighter circle of power players, particularly those with ties to crypto, finance, and technology. The club’s founding group also includes Omeed Malik and Chris Buskirk of 1789 Capital. In addition, Alex and Zach Witkoff, sons of real estate mogul Steve Witkoff, are part of the team. Together, they combine political connections, real estate fortunes and fintech investments. Consequently, they appear to be tightening the links between old-world finance and the new wave of crypto power. The post David Sacks, Winklevoss Twins Co-Found Exclusive ‘Executive Branch’ Club With $500K Entry Price appeared first on Cryptonews .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约