Here&#039, s Every Crypto Agency That Shelled Out for Trump’s Opening

After sparing no charge on the 2024 election, American crypto-related companies are doubling down on beautiful political spending—by donating in droves to Donald Trump’s inauguration commission. &nbsp,

Annual funds like Trump’s compensate for the days of beautiful dinners, parties, and parades that usually surround an approaching government’s swearing-in, as well as the standard service itself. Corporate donors and wealthy individuals who want to win over new presidents and woo their elected officials on one of Washington’s biggest evenings are frequently asked to donate to annual boards.

Several well-known crypto companies have distributed millions in the run-up to Trump’s inauguration on January 20 in preparation for his first night in office. Some, it seems, even after the business ran out of highly coveted benefits, shelled out seven-figure sums to Trump’s annual council.

People disclosures about the gifts have not yet been made, but here’s a summary of every crypto-related business known to have donated thus far.

Ripple

Ripple, one of the main builders of crypto’s traditional 2024 social spending force, is gifting Trump’s annual finance$ 5 million worth of XRP, a company director confirmed to . XRP is a cryptocurrency that Ripple’s members helped build, and it forces the bank’s financial services program.

The firm, which provides blockchain infrastructure to financial institutions, has plenty more XRP to spare. In the weeks following Trump’s re-election on November 5, the company’s escrowed stash of XRP has grown in value by more than$ 85 .

Trump and Ripple’s CEO Brad Garlinghouse and his legal representative Stuart Alderoty recently had a meeting.

Robinhood

Popular trading app Robinhood, which has aggressively expanded its crypto offerings in recent years, donated$ 2 million to Trump’s inauguration committee, a company spokesperson confirmed with . &nbsp,

” Robinhood is pleased to welcome in a new era of American innovation and sensible regulation that promotes free markets, investor access, and consumer choice”, Mary Elizabeth Taylor, Robinhood’s Vice President of Global Government and External Affairs, said in a statement shared with . We look forward to working with President Trump and the incoming administration to promote positive change in the markets, be active consumers ‘ advocates, and advance our goal of democratizing finance for all.

Coinbase

Coinbase, another crypto firm that was instrumental to the industry’s historic political push in 2024, recently donated$ 1 million to Trump’s inauguration fund, a company representative confirmed with . &nbsp,

Coinbase was one of the first crypto firms to offer such a donation, days before Christmas. &nbsp,

Coinbase Vice President for US Policy Kara Calvert stated in a statement shared with that” Coinbase is committed to working with the administration and both sides of Congress to create regulatory clarity for crypto. It’s important to engage early in order to hit the ground running.” ” Well before the election, Coinbase committed to supporting President Trump’s transition and ultimately his inauguration.”

Circle

Circle, the issuer of USDC—America’s top homegrown stablecoin—announced Thursday that it gifted$ 1 million worth of the token to support Trump’s inauguration. &nbsp,

The Committee’s acceptance of payment in USDC is an indication of how far we have come, as well as the potential and power of digital dollars, Circle CEO Jeremy Allaire said in a post to X on Thursday.

Trump has eagerly accepted crypto donations since his campaign’s height when industry leaders gave him a variety of tokens worth more than$ 3 million.

Kraken

Kraken, the American crypto exchange, has donated$ 1 million to Trump’s inaugural fund, according to a company representative. &nbsp,

The exchange’s outspoken founder, Jesse Powell, personally gave$ 845, 000 worth of Ethereum to the president-elect’s campaign last summer.

Moonpay

Moonpay, a digital payments platform that streamlines how retail users purchase crypto, recently donated to support the president-elect’s inauguration, a company spokesperson confirmed with . The spokesperson declined to comment on the donation’s size. &nbsp,

Ondo Finance

Ondo Finance, an Ethereum asset manager based in New York, donated$ 1 million to Trump’s inauguration late last month. &nbsp,

Last February, Ondo became the first company to tokenize U. S. Treasuries. It is one of the largest issuers of tokenized securities —an increasingly popular asset class—on Ethereum.