to stay On Google News Follow up.
David Sachs will be in charge of crypto and artificial intelligence in the White House from 2025. While Donald Trump made the statement on his Truth Social account, the new president said, “David will lead the new administration’s policy on cryptocurrencies and artificial intelligence. Both areas are critical to America’s future,” he said.
He sold it to Microsoft for $1.2 billion.
Sachs, who will also lead the President’s Council on Science and Technology, is known for his investments in the technology world. Sachs, who co-founded PayPal with Elon Musk, sold social networking platform Yammer to Microsoft in 2012 for $1.2 billion. Sachs, who regularly hosts a show on the social media publication All In Podcast and comments on the crypto world, also provided a link between the Trump team and the tech world during the election cycle.
Solana is known for his investments.
The famous businessman, who was one of the founders of the investment and venture firm Kraft Ventures, was particularly known for his investments in Solana. Stating that he did not sell his SOL tokens after the FTX bankruptcy, Sacks said he believes in the long-term plan.
Sachs has openly expressed his support for Donald Trump several times this year.
Garling House did not happen.
Ripple CEO Brad Garlinghouse has also been mentioned as a White House crypto advisor in recent weeks. It was also claimed that Garlinghouse met with Trump. In fact, these claims contributed to the rise of the XRP price.
It was published:
Last update:
