Trump’s second son will attend the BTC Summit in Abu Dhabi, and the price for a conversation with him is $9,999. Is it worth it?

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According to a Reuters report, Eric Trump, the son of the President-elect Trump and the current Executive Vice President of the Trump Organization, and Steve Witkoff, the new White House Middle East envoy and co-founder of World Liberty Financial, will travel to Abu Dhabi on Monday to attend the largest Bit conference in the Gulf region. It is understood that Eric Trump will deliver a keynote speech at this Bit Middle East and North Africa summit, which is expected to attract over 6,000 participants. However, the talk of the town is that after the speech, he will hold a closed-door discussion in the VIP lounge, exclusively for "whales" - the heavyweight players who can influence the market. Attending this VIP event is not cheap, as it requires a "whale" pass costing $9,999. As for what can be gained from this VIP event, it is highly possible that it is related to the DeFi project World Liberty Financial launched by the Trump family in September. According to the World Liberty Financial website, Trump is the chief cryptocurrency advocate of the platform, while Eric Trump, Donald Trump Jr., and Barron Trump serve as ambassadors, and the company documents show that Trump has a 22.5 billion token interest and revenue sharing in the platform. Other speakers also have close ties to World Liberty Financial, including TRON founder Justin Sun, who announced three weeks after Trump's victory on November 5 that he had invested $30 million in World Liberty Financial, becoming its largest investor. He had previously been prosecuted for cryptocurrency-related fraud and securities violations during the Biden administration. Gemini's Chief Operating Officer Marshall Beard stated that this Bit conference is of great significance to the cryptocurrency industry, as it is one of the few long-standing conferences dedicated to consolidating the industry's strength, and the rise of Bit and the growth of this conference have developed in parallel. The presidential election this year has also made cryptocurrency a major campaign issue. According to official information, Trump's 2016 campaign manager Paul Manafort will also deliver a speech at the summit, and Binance founder CZ will host another "whale" discussion at the conference.

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