Leading cryptocurrency firms have contributed at least $10 million to the Trump inaugural fund, with top executives converging in Washington ahead of the incoming president’s swearing-in on Monday.
Ripple, Coinbase, Kraken, Circle, and Robinhood collectively donated over $10 million to Trump’s inauguration fund, demonstrating the crypto industry’s commitment to President Donald Trump.
This follows the industry’s substantial financial support for Trump’s campaign, with hopes for a crypto-friendly administration.
What they donated
Ripple, the issuer of XRP, has pledged $5 million worth of its native coin. CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty, who recently met Trump at Mar-a-Lago, have been invited to the inauguration. They have transitioned from battling court cases under President Biden to securing a place at the table.
Coinbase and Kraken, the two largest crypto exchanges in the U.S., each donated $1 million. Coinbase CEO Brian Armstrong has been in…
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