Tokyo-listed Bitcoin treasury firm Metaplanet has welcomed Eric Trump, son of former US President Donald Trump, to its newly formed Strategic Board of Advisors. This announcement, made on March 21, has already caused the firm’s stock to surge by 17%.

Trump’s addition is seen as a significant move that could enhance Metaplanet’s visibility and credibility in the ever-evolving cryptocurrency landscape. Investors observe closely, intrigued by the potential insights and networks he may bring.

The market’s immediate reaction showcases the influence of such appointments. As Metaplanet implements its strategy moving forward, stakeholders will be keenly watching the company’s growth trajectory.