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Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, has said that the country is in a global “space race” to build a U.S. Bitcoin reserve. Hines also confirmed that the government is moving swiftly to establish a Strategic Bitcoin stockpile. In a recent interview with Bitcoin Magazine, the White House crypto advisor stated that countries around the world are quietly working to collect Bitcoin as a long-term asset, emphasizing that America aims to take the lead. According to him, the administration is collaborating with the Treasury Department to audit current Bitcoin holdings and design “budget-neutral” acquisition methods. He also clarified that no single policy approach is being pursued. Instead, multiple strategies are being explored to determine the most practical and efficient path forward. Hines expressed confidence in the U.S. Treasury Department and the Chamber of Commerce to develop “extremely creative” ways to accumulate the flagship cryptocurrency. The initial objective is to begin the process quickly, prioritizing speed and scalability, with additional steps to be introduced in phases. The crypto advisor has previously cited tariffs implemented by the president as a potential means for building federal Bitcoin reserves. When asked about how much Bitcoin the U.S. wants to acquire, Hines referred to it as “a silly question,” implying that the government has plans to hold more of the digital asset. Reflecting on the first days of his administration, the 29-year-old highlighted early actions taken under President Trump, including an executive order signed during his first week in office. The directive created an interagency working group, officially ended what is widely known as “Operation Chokepoint 2.0,” and led to major regulatory reversals. This included the Securities and Exchange Commission (SEC) dropping key lawsuits and banking regulators easing restrictions on crypto firms. The Trump administration also hosted the first-ever White House Crypto Summit. Hines stated that the U.S. is positioning itself to become “the crypto capital of the world,” aligning with the president’s broader vision to make America the most attractive destination for innovation in digital assets. The former Republican nominee was appointed in January 2025 to the newly formed crypto advisory group and serves alongside crypto czar David Sacks. Although he acknowledged the existence of other digital ecosystems, Hines emphasized that the main focus is on Bitcoin due to its uniqueness. He also referred to the cryptocurrency as “digital gold,” describing it as a commodity, not a security. Trump’s advisor referenced its origins and the concept of “Immaculate Conception,” a term previously used by David Sacks to show its intrinsic value.

Plume, a blockchain platform purpose-built for Real World Asset Finance, has announced a strategic partnership with Soneium, the Ethereum Layer-2 network developed by Sony Block Solutions Labs. The collaboration aims to bring real-world asset staking and yield directly to users in the Soneium ecosystem, leveraging Plume’s native interoperability layer, SkyLink, according to a note shared with crypto.news. The announcement details how SkyLink will serve as the technical bridge allowing yield from tokenized U.S. Treasuries, private credit, and other real-world assets to stream cross-chain into Soneium. For the 5.1 million users within the Soneium network, this opens direct access to institutional-grade yield products, without needing to leave their home ecosystem. “At Plume, we’re committed to advancing RWAs to grow the entire crypto ecosystem,” said Chris Yin, CEO of Plume. “We’re excited to partner with Soneium to accelerate previously inaccessible yield opportunities. The future of RWAfi isn’t about keeping assets siloed, but enabling real yield to move across chains.” Sony Block Solutions Labs, a joint initiative between Sony Group Corporation and Web3 firm Startale Group, develop Soneium. The blockchain is designed for consumer and creator use cases and is preparing to launch mini-apps through the LINE messaging platform. Soneium has also partnered with Plume ecosystem participant Moca Network to expand into areas such as anime IP (like Solo Leveling), gaming, and digital identity. “The ability to offer access to real-world yield through tokenized assets is a major step forward in making blockchain relevant for mainstream finance,” said Ryohei Suzuki, Director of SBSL. “This partnership with Plume unlocks a compelling new layer of value for our ecosystem and users.” With more than 180 projects already building on Plume, the network positions itself as the first full-stack RWA chain, offering EVM compatibility, a tokenization engine, and integrated financial infrastructure. The partnership with Soneium is seen as a major step in Plume’s vision of creating an interconnected RWAfi network—enabling real-world assets and their yields to flow between different blockchains. PLUME is up 10% on the news, according to crypto.news data.