Crypto Elites and Trump Allies Launch $500K Washington Power Club

Twitter icon  •  Published 5 hours ago on April 29, 2025  •  Nikolas Sargeant

A new ultra-exclusive Washington DC club co-founded by crypto leaders and political insiders demands $500,000 for entry, with wealthy applicants reportedly offering up to $1 million to bypass the growing waitlist.

Crypto Elites and Trump Allies Launch $500K Washington Power Club

Executive Branch, an ultra-exclusive private club co-founded by Donald Trump Jr., White House cryptocurrency advisor David Sacks, and Gemini co-founders Tyler and Cameron Winklevoss, is commanding an extraordinary $500,000 membership fee with a rapidly expanding waitlist of eager applicants.

Set to open within weeks in Washington's prestigious Georgetown neighborhood, the club hosted its inaugural celebration on Saturday, reportedly drawing an impressive roster of cabinet officials, technology entrepreneurs, and high-net-worth investors. According to CNBC's Monday report, attendees included Secretary of State Marco Rubio, SEC Chairman Paul Atkins, and numerous prominent technology executives, underscoring the venue's ambition to create a nexus of political influence, cryptocurrency leadership, and business networking.

Washington's New Power Nexus Redefines Luxury Membership Pricing

Executive Branch substantially raises the bar for exclusive membership clubs that have proliferated across major cities like New York and Miami since the pandemic. While prestigious venues such as Aman Club charge up to $200,000 for entry, Executive Branch's $500,000 initiation fee positions it among America's most expensive private clubs. The organization has yet to disclose its additional annual dues structure.

The club's founding team reflects cryptocurrency's mounting political significance. The strategic involvement of the Winklevoss twins and David Sacks demonstrates how digital asset leaders are strategically embedding themselves within conservative political networks. As cryptocurrency regulation continues to dominate Washington's agenda, direct access to policymakers may become as valuable as market positioning.

Admission to Executive Branch operates under stringent controls. Prospective members must secure referrals and undergo comprehensive vetting. CNBC reports that even offers reaching $1 million for expedited membership have been rejected. One insider emphasized the exclusivity principle: "We do not want members of the media or just a lot of lobbyists joining. We want people to feel comfortable having conversations in privacy."

Crypto-Political Alliance Creates New Washington Power Structure

Executive Branch revives a familiar Washington paradigm with a contemporary twist. During the first Trump administration, the Trump International Hotel functioned as a central gathering place for Republican officials, international dignitaries, and business elites. Executive Branch appears positioned to serve a similar function, though with an even more selective community of influence-wielders, particularly those connected to cryptocurrency, finance, and technology sectors.

The founding group extends beyond Trump Jr., Sacks, and the Winklevoss twins to include Omeed Malik and Chris Buskirk of 1789 Capital. Additionally, Alex and Zach Witkoff, heirs to real estate magnate Steve Witkoff's fortune, have joined the founding team. Together, this alliance combines political connections, real estate wealth, and financial technology investments, effectively strengthening the relationship between traditional finance and cryptocurrency's emerging influence centers.

 
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Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.