Bitcoin Bullion: Trump Adviser Launches Aspiring Bid to Create a Global Bitcoin Banking Network
NEW YORK – A key architect of Donald Trump’s surprising embrace of cryptocurrency is now embarking on a bold, and unconventional, quest to build a leading global Bitcoin bank. Anthony Bailey, a venture capitalist who rallied notable financial support for Trump’s 2024 campaign and now serves as an informal advisor, is spearheading KindlyMD/Nakamoto, a firm aiming to replicate the past evolution of gold into modern banking – but wiht Bitcoin at its core.
Bailey’s influence on Trump’s crypto stance was pivotal. According to sources, Trump initially approached the subject with uncertainty, but a concerted effort by Bailey and industry leaders, culminating in over $100 million in campaign contributions – including $21 million at a Nashville conference – shifted the former president’s perspective. Trump subsequently vowed to make the U.S. “the crypto capital of the planet,” and has as reportedly made hundreds of millions off crypto.
“He was very uncertain going in, but people cheered, and he walked out saying ‘these bitcoiners love me. These are my people’,” Bailey recalls. He believes Trump simply recognized the need for a level playing field for crypto, aiming to establish the U.S. as the most favorable jurisdiction for Bitcoin businesses.
Bailey, who claims to have invested in over a hundred Bitcoin firms over a 13-year career, sees KindlyMD/Nakamoto as the next step in that evolution. he points to accomplished investments like Metaplanet and Smarter Web, which generated substantial returns, as proof of concept. “if ten thousand bitcoin companies bloom,we win,” he stated,echoing a long-term vision inspired by Warren buffett.
The firm’s strategy centers on building a holding company with profitable, independently run subsidiaries, mirroring the historical transition from bullion houses to banks.Bailey argues that Bitcoin treasury firms are today’s equivalent of digital bullion houses, poised to become the new financial institutions.
KindlyMD/Nakamoto is already investing in similar companies internationally, including Metaplanet in Japan and Treasury B.V. in the Netherlands. Bailey describes the approach as “seeding actively managed ETFs all over the world in the form of corporate equities.”
However, this rapid expansion and unconventional structure sidesteps the rigorous regulatory scrutiny typically applied to ETFs and IPOs by the SEC. The firm’s recent debut on Wall Street was described as “disastrous,” but Bailey remains undeterred.
“One of the best things about bitcoin is it’s very forgiving in the sense that you can make mistakes in your career and you can rebuild yourself,” he said, highlighting the resilience inherent in the cryptocurrency ecosystem.
Bailey’s ambitious plan represents a significant, and potentially disruptive, force in the evolving landscape of digital finance, fueled by a unique blend of political influence, venture capital, and a long-term belief in the transformative power of Bitcoin.
