Trump Inaugural Fund Receives Huge Donation From Crypto Industry

CoinMarketCap2024-12-21

Key Points: Major cryptocurrency firms have donated significantly to President-elect Trump inaugural fund, with Ripple contributing $5 million in XRP. The crypto industry's political donations ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Inaugural Fund Receives Huge Donation From Crypto Industry\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-21 12:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/67664440cf7f845e68321efc/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points:\n\nMajor cryptocurrency firms have donated significantly to President-elect Trump inaugural fund, with Ripple contributing $5 million in XRP.\nThe crypto industry's political donations ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/67664440cf7f845e68321efc/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4554","symbol_name":"元宇宙及AR概念","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/67664440cf7f845e68321efc/","article_id":"2493286112","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/0a9b8899856b4bc790cf1f512213f857.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493286112","pubTimestamp":1734755387,"columns":[],"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Major cryptocurrency firms have donated significantly to President-elect Trump inaugural fund, with Ripple contributing $5 million in XRP.The crypto industry's political donations reached $133 million during the 2024 election cycle, with Coinbase, Ripple, and Jump Crypto being the largest contributors.Joining the ranks of corporate America in supporting President-elect Donald Trump's inauguration, a number of major cryptocurrency firms are donating millions to the Trump-Vance inaugural committee.Two of the biggest cryptocurrency exchanges, Coinbase and Kraken, each gave $1 million to Trump inaugural fund. Blockchain payments firm Ripple donated $5 million in XRP, its own cryptocurrency used for cross-border payments.These donations reflect the high degree of political engagement from companies within the sector amidst growing influence in the crypto industry. Ripple, Coinbase, and other players in the crypto world had already caused quite a stir during the election cycle, with three su","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4554":"元宇宙及AR概念","BK4112":"金融交易所和数据","BK4600":"加密货币概念","BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","COIN":"Coinbase Global, Inc.","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4539":"次新股","BK4585":"ETF&股票定投概念","BK4596":"哈里斯概念","BK4595":"比特币概念","BK4588":"碎股","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4516":"特朗普概念"},"translate_title":"特朗普就职基金获得加密行业巨额捐款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COIN":0.87},"content_text":"Key Points:\n\nMajor cryptocurrency firms have donated significantly to President-elect Trump inaugural fund, with Ripple contributing $5 million in XRP.\nThe crypto industry's political donations reached $133 million during the 2024 election cycle, with Coinbase, Ripple, and Jump Crypto being the largest contributors.\n\nJoining the ranks of corporate America in supporting President-elect Donald Trump's inauguration, a number of major cryptocurrency firms are donating millions to the Trump-Vance inaugural committee.\n\n\n\n\nRead more: Donald Trump’s Son Optimistic Bitcoin Will Hit $1 Million \nCrypto Whales Donate Millions to Trump Inaugural Fund\nThe committee is underwriting a series of events- including galas, parades, and dinners-around Trump's and Vice President-elect JD Vance's swearing-in on January 20.\nTwo of the biggest cryptocurrency exchanges, Coinbase and Kraken, each gave $1 million to Trump inaugural fund. Blockchain payments firm Ripple donated $5 million in XRP, its own cryptocurrency used for cross-border payments.\nRipple's CEO, Brad Garlinghouse, had signalled last month that the company would make the large donation. Nathan Allman, founder of crypto startup Ondo Finance, also said he planned to give $1 million.\nCrypto Industry Shows Strong Support for Trump's Regulatory Agenda\nThese donations reflect the high degree of political engagement from companies within the sector amidst growing influence in the crypto industry. Ripple, Coinbase, and other players in the crypto world had already caused quite a stir during the election cycle, with three super PACs affiliated with the sector contributing a total of $133 million, the lion's share of which came from Coinbase, Ripple, and Jump Crypto, per OpenSecrets.\nCoinbase confirmed that it was among the first cryptocurrency firms to contribute to Trump inaugural fund. Its donation of $1 million came before the election results were even declared. In return, contributors get a reception with cabinet picks, tickets to the inaugural ball, and other events.\nThe growing involvement of the crypto industry in political donations shows its support for Trump, who promised to go easy on regulations compared to his predecessor, Joe Biden.\n\n\n\n\nDISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.\n\n\n\n    Read original article on coincu.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2493286112"}