Ripple, Coinbase, Solana Among Crypto Firms Contributing Over $12M To Trump’s Inauguration Fund
Posted On April 21, 2025
New filings from the Federal Election Commission show that several major players in the cryptocurrency industry donated a combined total of over $12.27 million to President Donald Trump‘s 2025 inauguration fund.
What Happened: These contributions highlight a growing political alignment between the digital asset sector and the current U.S. administration, which has positioned itself as an advocate for Bitcoin and broader crypto adoption.
Ripple Labs (CRYPTO: XRP) emerged as the largest donor among crypto-related entities, contributing $4.8 million.
Robinhood (NASDAQ:HOOD) followed with a $2 million donation.
Coinbase (NASDAQ:COIN), the largest publicly traded crypto exchange in the United States, contributed $1 million, as …