Despite speculation following former President Trump’s statement about including ADA in the U.S. Crypto Reserve, Cardano founder Charles Hoskinson was reportedly not invited to the White House Crypto Summit.
Bye Cardano?
According to a report from crypto news outlet Unchained, a White House source said that Hoskinson will not be attending the White House Crypto Summit on March 7, as he was not included on the guest list.
- Speculation about Hoskinson’s attendance arose after former President Trump announced on Truth Social that Cardano’s $35.6 billion token, ADA, would be part of a U.S. Crypto Reserve.
Moreover, the report highlighted that neither Hoskinson nor Cardano representatives have met with the president since his inauguration.
- There was speculation about Hoskinson attending the MAGA Inc. dinner, stemming from his February social media posts about a rescheduled “VIP dinner,” as well as his announcement that he would miss ETH Denver for a trip to Florida.
- However, Unchained revealed that a White House source confirmed he was not invited, and another source verified that he was in Denver for an ETH Denver side event.
Cardano in the US Crypto Reserve
On March 3rd, U.S. President Donald Trump announced the creation of a U.S. strategic crypto reserve, naming Cardano (ADA) alongside XRP and Solana (SOL) as the initial assets included. Bitcoin (BTC) and Ethereum (ETH) were later added after an initial omission caused confusion.
Following Trump’s announcement, Cardano (ADA) experienced a sharp 72% surge. However, the token has since plunged 24.7%, trading at $0.801 as of March 4, 2025 (1:00 PM)–a day after the announcement.
What is the White House Crypto Summit?
President Trump’s White House Crypto Summit, set for March 7 U.S. Time will bring together key industry leaders and government officials to discuss the future of cryptocurrency in the U.S.
- The event has sparked speculation about potential policy announcements, including the establishment of a U.S. Bitcoin reserve. The summit underscores the Trump administration’s increasing focus on digital assets and regulatory frameworks.
Attendee List
Cointelegraph’s report includes a list of confirmed and unconfirmed crypto executives and government attendees at the summit.
Crypto Industry
Confirmed
- Michael Saylor – Founder of Strategy
- David Bailey – CEO of Bitcoin Magazine
- Matt Huang – Co-founder of Paradigm
- JP Richardson – CEO of Exodus
- Kyle Samani – Managing partner at Multicoin Capital
- Zach Witkoff – Co-founder of Trump-linked World Liberty Financial
- Sergey Nazarov – Co-founder of Chainlink
- Brian Armstrong – CEO of Coinbase
- Vlad Tenev – CEO of Robinhood
- Arjun Sethi – CEO of Kraken
- Kris Marszalek – CEO of Crypto.com
- Brad Garlinghouse – CEO of Ripple
Unconfirmed
- Cathie Wood – Founder and CEO of ARK Invest
- Vitalik Buterin – Co-founder of Ethereum
- Jeremy Allaire – Co-founder and CEO of Circle
- Paolo Ardoino – CEO of Tether
- Charles Hoskinson – Founder of Cardano
- Anatoly Yakovenko – Founder of Solana
- Marc Andreessen – Co-founder and general partner at Andreessen Horowitz, early investor in Ripple
White House
Confirmed
- Bo Hines – Executive director of the presidential council of advisers for digital assets
- David Sacks – AI and crypto czar
- Mark Uyeda – Acting chairman of the US Securities and Exchange Commission
- Caroline Pham – Acting chairman of the US Commodity Futures Trading Commission
Unconfirmed
- Howard Lutnick – Commerce secretary
- Scott Bessent – Treasury secretary
- Pam Bondi – US attorney general
Worth reading: While details of the crypto reserve proposal remain undisclosed, the announcement of the inclusion of XRP, SOL, ADA, BTC, and ETH sparked diverse reactions from the community.
This article is published on BitPinas: Cardano Snubbed? Charles Hoskinson Reportedly Not Invited to White House Crypto Summit
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