In a stunning vote of confidence for the future of cryptocurrency in America, Coinbase CEO Brian Armstrong announced an ambitious plan to hire 1,000 employees across the United States in 2025, citing the dramatic shift in government attitude toward digital assets under President Trump’s second term.

Speaking after Friday’s historic White House crypto summit, Armstrong revealed that the administration’s pro-crypto stance has created enough of a “tailwind” to justify substantial investment in American operations—despite being just 50 days into Trump’s new presidency.

“It’s only been, what, 50 days or something like that, and it’s already created enough of a tailwind that we feel more confident in investing in the United States and growing our business here,” Armstrong stated as he departed the high-profile meeting.

The summit, which gathered industry leaders, key regulators, and senior Republican lawmakers in the White House’s State Dining Room, came on the heels of Trump’s executive order establishing a national bitcoin reserve—a move Armstrong enthusiastically endorsed.

“You can’t really have a better holder of this asset than the United States government,” the Coinbase chief said. “It’s becoming a core piece of the financial system, and I think it’s going to be a part of every diversified portfolio over time.”

Coinbase’s fortunes have dramatically improved under the new administration, with the SEC completely abandoning its costly enforcement action against the company—a legal battle that had centered on fundamental questions about regulatory jurisdiction over digital assets. These questions now rest with Congress rather than the courts.

Bo Hines, executive director of the President’s Working Group on Digital Assets, emphasized that the summit demonstrated Trump’s commitment to cryptocurrency innovation. “The president made a promise that he’s going to make this country the crypto capital of the planet, and we’re well on our way in delivering that promise,” Hines said after the meeting.

Industry concerns about the initial structure of the bitcoin reserve were addressed by Hines, who noted that both Treasury and Commerce secretaries are ordered to explore methods of purchasing bitcoins without taxpayer burden, adding that “both of them are excited to look into ways to do it.”

During the election campaign, Coinbase played a significant role through substantial financial backing of Fairshake, a crypto-focused political action committee. Armstrong confirmed that Coinbase would continue supporting the super PAC, which he credited with doing “an incredible job” promoting pro-crypto candidates.

The White House summit and Armstrong’s hiring announcement mark what many industry observers see as a dramatic turning point for cryptocurrency adoption and regulation in the United States, potentially cementing America’s leadership in the rapidly evolving digital asset space.