Trump Orders Creation of U.S. Sovereign Wealth Fund, Eyes TikTok Acquisition

President Trump has signed an executive order directing the establishment of a federal sovereign wealth fund, marking a significant shift in U.S. economic strategy.

The initiative, overseen by the Treasury and Commerce Departments, is expected to take shape within the next year and could potentially be used to acquire assets such as the widely popular social media platform TikTok, according to Bloomberg.

Sovereign wealth funds are state-owned investment vehicles designed to manage surplus revenues and ensure long-term financial stability.

While many countries, including Norway, China, and Saudi Arabia, have successfully leveraged such funds to invest in global markets—spanning equities, bonds, real estate, and other assets—the United States has never implemented one at the federal level.

READ MORE:

Nobel Prize Winner Says Bitcoin Has No Future – But History Disagrees

Historically, certain U.S. states, like Alaska, have operated their own investment funds, primarily fueled by resource-related revenues. However, this federal initiative would mark the first time the national government employs such a strategy to strengthen economic resilience and future growth.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.