Magic Eden, a major NFT marketplace, partnered with the team behind the Trump-themed memecoin $TRUMP to launch a branded self-custodial crypto wallet called the “Official $TRUMP Wallet” or Trump Wallet, with a waitlist going live on TrumpWallet.com in early June 2025. The wallet was marketed as “the first and only crypto wallet for true Trump fans,” promising support for trading the TRUMP token alongside assets like Bitcoin and Ethereum, and offering a promotional campaign with $1 million in TRUMP rewards and sweepstakes-style “Trump Boxes” for waitlist signups and referrals. The product was to be powered by Slingshot Finance, a trading application acquired by Magic Eden, and was described as being created in partnership with the $TRUMP memecoin operator Fight Fight Fight LLC, which is associated with longtime Trump ally Bill Zanker. The launch immediately triggered a public backlash from Donald Trump’s family and organizations associated with his other crypto ventures, who stated they had no involvement with the wallet and had not authorized the use of the Trump name. Donald Trump Jr., Eric Trump, and Barron Trump each posted that the Trump Organization and the family had “zero involvement” with the project, and Eric Trump warned Magic Eden that the Trump Organization had not approved the wallet and signaled potential legal action over alleged unauthorized branding. Within days, Magic Eden, the Trump memecoin team, and Eric Trump confirmed that the Trump Wallet project had been canceled, turning what was intended as a branded on-ramp for Trump supporters into a cautionary episode about brand rights, internal competition among Trump-linked crypto initiatives (including the family’s separate World Liberty Financial wallet), and the legal and reputational risks of launching politically themed Web3 products without clear, centralized authorization.

AI-generated background, compiled from web sources — not editorial content.

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