Key Takeaways
- • Dominari Securities, a subsidiary of Dominari Holdings Inc., is partnering with Hemi, a blockchain built on top of Bitcoin, to develop platforms for digital assets and exchange-traded funds, according to a statement issued Friday.
- • Dominari Holdings, an investment firm with ties to President Donald Trump's sons, is the majority member of American Ventures, which made a strategic investment in Hemi.
- • Hemi is backed by the family office of Binance Holdings Ltd. co-founder Changpeng "CZ" Zhao; the size of American Ventures' investment was not disclosed.
- • The collaboration aims to expand usage of Hemi's namesake token across the network.
Summary
Dominari Securities, a subsidiary of Dominari Holdings Inc., is collaborating with Hemi, a blockchain built on top of Bitcoin, on platforms for digital assets and exchange-traded funds, according to a statement released Friday, as reported by Bloomberg. The partnership is aimed at expanding usage of Hemi's namesake token.
Dominari Holdings is an investment firm with ties to President Donald Trump's sons. Its majority-owned vehicle, American Ventures, also made a strategic investment in the Hemi blockchain. The amount of that investment was not disclosed.
Hemi is backed by the family office of Binance Holdings Ltd. co-founder Changpeng "CZ" Zhao. The link between a Trump-affiliated investment firm and a project backed by the family office of one of crypto's most prominent figures highlights the growing intersection of digital asset infrastructure and traditional capital markets.
The source material does not provide further details on deal terms, timing of token initiatives, or the specific ETF products under development.
Dominari Holdings is an investment firm with ties to President Donald Trump's sons. Its majority-owned vehicle, American Ventures, also made a strategic investment in the Hemi blockchain. The amount of that investment was not disclosed.
Hemi is backed by the family office of Binance Holdings Ltd. co-founder Changpeng "CZ" Zhao. The link between a Trump-affiliated investment firm and a project backed by the family office of one of crypto's most prominent figures highlights the growing intersection of digital asset infrastructure and traditional capital markets.
The source material does not provide further details on deal terms, timing of token initiatives, or the specific ETF products under development.
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