David Sacks, Winklevoss Twins Co-Found Exclusive ‘Executive Branch’ Club With $500K Entry Price

Crypto Reporter

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

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Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

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April 28, 2025

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Executive Branch, a project co-founded by Donald Trump Jr., White House crypto czar David Sacks and Gemini co-founders Tyler and Cameron Winklevoss, is charging $500,000 for membership with a growing waiting list.

Located in Washington’s Georgetown neighborhood, the club is set to open within weeks. Its launch party on Saturday reportedly drew cabinet officials, tech founders and wealthy investors, signaling its ambitions to blend political influence, crypto leadership, and business networking under one roof.

Attendees included Secretary of State Marco Rubio, SEC Chairman Paul Atkins, and several high-profile tech CEOs, CNBC reported Monday.

Crypto Titans Tighten Grip On Washington’s Private Power Circles

Executive Branch stands apart from other luxury private clubs that have boomed in cities like New York and Miami since the pandemic. By comparison, venues such as Aman Club charge up to $200,000 for membership. In contrast, Executive Branch’s $500,000 entry fee makes it one of the most expensive membership clubs in the US. Additionally, annual dues are expected but have not yet been disclosed.

Crypto’s rising political influence is unmistakable in the club’s founding team. The inclusion of the Winklevoss twins and Sacks points to how digital asset leaders are embedding themselves in conservative political networks. With crypto regulation a key topic in Washington, proximity to policymakers may soon prove as valuable as market access.

Membership at Executive Branch is tightly controlled. Prospective applicants require referrals and undergo heavy screening. CNBC reported that some people have offered up to $1m to secure early admission, only to be turned away.

“We do not want members of the media or just a lot of lobbyists joining,” one person involved with the club said. “We want people to feel comfortable having conversations in privacy.”

New Club Fuses Trump-Era Networks With Rising Crypto Clout

The project revives a familiar model in Washington. During the first Trump administration, the Trump International Hotel became a magnet for Republican officials, foreign dignitaries, and business elites. Executive Branch is now positioned to serve a similar role, although with an even tighter circle of power players, particularly those with ties to crypto, finance, and technology.

The club’s founding group also includes Omeed Malik and Chris Buskirk of 1789 Capital. In addition, Alex and Zach Witkoff, sons of real estate mogul Steve Witkoff, are part of the team. Together, they combine political connections, real estate fortunes and fintech investments. Consequently, they appear to be tightening the links between old-world finance and the new wave of crypto power.