A surprising invite has come the way of Oh Sang-rok, CEO of Hyperithm, a Seoul- and Tokyo-based digital asset management firm, to join a private dinner with former US President Donald Trump on 22 May.
This invitation is reserved for the world’s top 25 holders of the Trump Meme Coin ($TRUMP), a cryptocurrency launched earlier this year that has captured attention largely through its connection to Trump rather than any technical innovation.
Top 25 of $TRUMP holders are invited to an exclusive reception before dinner, along with a special VOP tour. (Source: gettrumpmemes.com)
$TRUMP is what’s known in the crypto world as a meme coin — a token that thrives on social media buzz and celebrity association rather than offering unique technology or utility.
After its launch on 17 January, the coin saw an initial surge, reaching around $75 per token before slumping to about $7.5.
Interest has revived recently, however, following President Trump’s announcement of an exclusive event for major holders, pushing the price back up to roughly $14.
The dinner at Trump National Golf Club near Washington D.C. is a very limited affair, with attendees selected based on the weighted amount of $TRUMP they have held from the coin’s inception until 12 May.
Alongside the dinner, guests will receive a limited edition Trump NFT and gain access to a VIP tour, creating a rare opportunity for those invested.
Source: gettrumpmemes.com
Oh stands out as the sole South Korean on the exclusive guest list.
He manages approximately US$3 million worth of $TRUMP tokens, positioning him as the 13th-largest holder worldwide.
His firm, Hyperithm, differs from many Korean crypto companies by focusing on institutional investors across Asia and the US, rather than local retail markets.
Oh’s background is firmly rooted in traditional finance, having worked in mergers and acquisitions at Morgan Stanley’s Seoul office.
Oh Sang-rok
He co-founded Hyperithm in 2018 to build a crypto investment firm that operates with the discipline of a conventional fund, avoiding the hype-driven volatility that often characterises the sector.
Hyperithm’s strategy has paid off, as the company has remained profitable despite market crashes like those involving FTX and Terra-Luna.
Unlike many peers, Hyperithm established its first base in Japan, where institutional crypto investing has a more established legal framework.
The firm now works with banks, securities firms and funds across Asia and the US, attracting investments from prominent backers such as Coinbase Ventures and GS Futures.
Oh has voiced concerns about South Korea’s slow regulatory progress in digital assets.
He believes crypto should be recognised as a serious part of the country’s high-value economy rather than just a passing trend.
He told Korean media earlier this year,
“Crypto should be recognised as a core K-asset.”
He drew attention to its potential connection with key domestic industries like semiconductors, smartphones, and K-Pop.
Other notable invitees include Justin Sun, founder of TRON (TRX) and the largest holder of $TRUMP, reportedly owning coins valued at nearly $18 million.
The list also features leaders from BitMart, Synthetix, and Singapore’s MemeCore, highlighting the event’s global reach within the crypto community.
The dinner and the associated reception for the top 220 holders aim to bolster interest in $TRUMP, which has seen a rollercoaster ride since its launch.
Source: gettrumpmemes.com
The total value held by these top holders is reported to be around $14.7 million.
This invitation puts Oh Sang-rok in the spotlight, recognising his significant stake in a highly volatile meme coin tied closely to one of the most polarising figures in global politics.
It also underlines the growing role of serious institutional players in what is often dismissed as a market of fleeting hype and speculative frenzy.
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