Donald Trump Set to Host the US’ First Crypto Summit on March 7, Web3 Leaders Confirm Invitation

President Trump's White House return has ignited optimism in the Web3 industry.

Written by Radhika Parashar, Edited by Siddharth Suvarna | Updated: 5 March 2025 19:47 IST

Donald Trump Set to Host the US’ First Crypto Summit on March 7, Web3 Leaders Confirm Invitation

Photo Credit: Unsplash/ Ewan Kennedy

Industry leaders eagerly anticipate discussions on the US Web3 roadmap

Highlights

US’ crypto czar, David Sacks will be chairing the summit
The event will bring prominent crypto names under one roof with regulator
Officials from Coinbase, Kraken, Robinhood to be in attendance

US President Donald Trump is set to host the nation's first government-backed Crypto Summit on March 7. Details about the event were recently shared by David Sacks, the White House-appointed "crypto czar." In a post on X, Sacks revealed that the summit will bring together top founders, CEOs, and investors from the crypto space. He will co-chair the event alongside Bo Hines, executive director of the US working group on digital assets.

Trump's return to the White House has fuelled optimism across the Web3 industry. In recent weeks, the US SEC has not only established a Crypto Task Force to develop a legal framework for Web3 but has also dropped several legal cases against crypto firms initiated under Joe Biden's administration.

While the summit's exact agenda remains unclear, it will serve as a key meeting point for industry leaders, regulators, and policymakers. In the lead-up to the event, multiple high-profile crypto figures have confirmed their invitations.

ED Teams Up with CoinDCX to Manage Custody of Seized Assets

Sergey Nazarov, the co-founder of Chainlink said he will be in Washington DC this week to be part of the event.

“I am seeing an entirely different level of interest about how to modernise the US financial system to make it the preferred place to generate digital assets/RWAs and make the US financial system a leading force in Web3. Excited to meet with more great folks in DC to see how we can make this happen,” Nazarov said in his post on X.

Excited to be in DC this week. Many meetings with top legislators like Congressman Tom Emmer and great advocates for our entire industry from the executive branch like Bo Hines.

I am seeing an entirely different level of interest about how to modernize the US financial system… pic.twitter.com/XRCOJiYajx
— Sergey Nazarov (@SergeyNazarov) February 26, 2025

MicroStrategy founder Michael Saylor, Exodus CEO JP Richardson, and Paradigm co-founder Matt Huang have also received their respective invitations to the White House on March 7. As per reports Coinbase CEO Brian Armstrong, Robinhood CEO Vlad Tenev, and Kraken CEO Arjun Sethi will also be marking their presence at the event.

The event follows a recent announcement by President Trump on US' strategic crypto reserve for which Bitcoin, Ether, Ripple, Cardano, and Solana are being considered. Prior to the summit, the SEC also unveiled the list of members that are part of the Crypto Task Force.

Bharat Web3 Association Wants Firms to Set Up Complaint Management System

During his election campaign, Trump had promised to transform the US into the global crypto capital. Within his first week back in the Oval Office, he signed an executive order directing his administration to support the responsible growth and adoption of digital assets across all sectors.

Industry leaders are also looking forward to meeting with the officials and discussing the industrial roadmap for Web3 in the US during the Crypto Summit.

“I look forward to discussing how America can take a leadership role in promoting the principles of open crypto and enabling builders in ecosystems such as Bitcoin, Ethereum and Solana,” Chainlink's Huang wrote on his X post.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: Cryptocurrency, Donald Trump, Crypto Summit, Chainlink, Coinbase, Robinhood, Kraken

Radhika Parashar

Email Radhika

Radhika Parashar is a senior correspondent for Gadgets 360. She has been reporting on tech and telecom for the last three years now and will be focussing on writing about all things crypto. Besides this, she is a major sitcom nerd and often replies in Chandler Bing and Michael Scott references. For tips or queries you could reach out to her at RadhikaP@ndtv.com. More