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Potcoin Might Sponsor Dennis Rodman's Trip to Trump-Kim Summit

Former NBA star Dennis Rodman is in talks with cryptocurrency startup PotCoin to have the latter sponsor a trip to the U.S.-North Korea summit.

trump, president

UPDATE (8 June 6:15 UTC): Dennis Rodman confirmed on Twitter that he would be attending the summit in Singapore, pledging support to both Donald Trump and Kim Jong Un.

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Retired basketball star Dennis Rodman might be headed to Singapore for the upcoming summit between U.S. President Donald Trump and North Korean dictator Kim Jong-un – and he might have potcoin's help to do it.

Rodman – who has promoted the marijuana-themed cryptocurrency in the past – is reportedly mulling a visit to Singapore, according to his representatives. Having visited North Korea several times (though not without controversy), Rodman's possible trip would present a celebrity twist to what is shaping up to a be a major geopolitical event this month.

According to the Washington Post, Rodman is "in discussions with" the Canada-based startup behind potcoin to get backing for the trip. Potcoin spokesperson Shawn Perez told the newspaper that Rodman is on a "peace mission."

Perez went on to tell the Post:

"The potcoin team as a community has been incredibly supportive of Rodman's peace mission from the beginning. We're thrilled to see how the political climate has improved between North Korea and the U.S. since he became involved."

According to the report, Rodman's agent, Chris Volo, said details of the trip were still being worked out. Perez similarly did not provide any specifics as to the trip.

It is unclear whether Rodman will attend the summit itself or only be in Singapore during the event. The Washington Post reported that the U.S. State Department noted that Rodman is "not a representative of the U.S. government."

PotCoin did not respond to a request for comment by press time.

Trump photo via Shutterstock

Nikhilesh De

Nikhilesh De is CoinDesk's managing editor for global policy and regulation, covering regulators, lawmakers and institutions. When he's not reporting on digital assets and policy, he can be found admiring Amtrak or building LEGO trains. He owns < $50 in BTC and < $20 in ETH. He was named the Association of Cryptocurrency Journalists and Researchers' Journalist of the Year in 2020.

Nikhilesh De