Ro Khanna crypto roundtable seeks industry inroads for White House and

Ro Khanna wants to save the $2 trillion crypto industry from a Trump takeover.

The congressman, a progressive Democrat who represents a district that includes the crypto-friendly confines of Silicon Valley, has been reaching out to top people in the digital asset industry, as well as Democratic lawmakers and White House officials, inviting them to an exclusive roundtable meeting in the nation’s capital next week, FOX Business has learned.

The meeting is scheduled for Wednesday; more than two-dozen people are expected to attend, including at least one representative of the White House as well as billionaire entrepreneur Mark Cuban, a crypto investor and advocate. 

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Trade publication Bitcoin Magazine was first to report on an email sent last month by Khanna’s office announcing its intent to host a meeting of policymakers and crypto industry leaders alongside Cuban sometime in “early July.”

FOX Business has learned that industry representatives are flying in from around the country to take part in Wednesday’s event which is being organized by Khanna’s re-election campaign.

The fact that the details of the event have not been leaked, until now, is testament to the high degree of secrecy Khanna’s campaign staff has asked participants to keep. For example, the exact location of the confab has yet to be disclosed to invitees, although some are guessing it will be held at one of a handful of hotels near the White House.

Democratic California Rep. Ro Khanna is seeking an executive roundtable in Washington, D.C., with some of the digital asset industry’s top power brokers. (Photo by Anna Moneymaker/Getty Images / Getty Images)

A campaign staffer for Khanna did not respond to a request for comment.

“They haven’t disclosed the location, and they will not tell us who is coming from the Biden Administration,” said one attendee. “There has been a large degree of secrecy around this.”

The reason for the furtiveness is a mystery in itself. Khanna is running for re-election in the fall; he’s a tech enthusiast advocating for the advancement of crypto and blockchain technology as a vehicle for job creation in his constituency.

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He was one of 71 Democrats in the House of Representatives who voted to pass the Financial Innovation and Technology for the 21st Century Act, also known as the FIT21 bill, to establish regulatory clarity for the digital asset industry. 

Yet his party has been late in embracing crypto as a potential voting block, while Republican presidential candidate Donald Trump has been openly engaging crypto enthusiasts since early May, promising to relieve the regulatory burden placed on the industry by President Biden’s Securities and Exchange Commission.

Trump has made…