A subsidiary of Dominari Holdings (Domh), the investment company with ties to President Donald Trump’s sons, Eric and Donald Jr., collaborates with the Bitcoin programmability project Hemi to continue his digital asset tax and stock exchange-traded funds (ETF) plans.
Broker-Dealer Dominari Securities and Hemi, backed by veteran Bitcoin developer Jeff Garzik, joined forces to develop a digital asset box and ETF platform, according to an e-mail message on Friday.
Dominari Holdings is located in the Trump Tower of New York City and counts Eric and Donald Trump Jr. Among his investors. They also sit in its board council. In March, the company took another VRI on the method of adopting Bitcoin As a state -box asset by obliging $ 2 billion to buy shares in Blackrocks Ishares Bitcoin Trust (Ibit), the largest spot of Bitcoin ETF on the market.
Joint Venture between Dominari and Hemi allows institutions to invest in BTC-centric markets via Hemi-token.
As part of the Joint Venture American Ventures LLC, where Dominari is a member, a non -reveled investment in Hemisperes Foundation, the most important stewards for the HEMI project.
Hemi’s goal is to transform the possibilities of decentralized financing (DEFI) on Bitcoin by combining it with Ethereum into a single “Super Network”. It raised $ 15 million in funding to expand its ecosystem in August.
Alongside competitors like Lombard, with Liquid Stake Token LBTC, and Bob, a hybrid chain built on top of Bitcoin and Ethereum, Hemi infrastructure builds Bitcoin more compatible with Defi and thus exploit its $ 2.4 Billion Billion Market Hood to improve Wider Digital Asset Industry.
