Ripple donates $5 million to Donald Trump's Inauguration

Many major tech companies have donated to President-elect Donald Trump's inauguration, reflecting a significant shift in the relationship between the tech industry and government. Meta, Amazon, and OpenAI have all pledged millions of dollars in funding. Sam Altman, CEO of OpenAI, has committed a personal contribution of $1 million. Additionally, Ripple made headlines with a record donation of $5 million in XRP, the largest ever cryptocurrency donation to a political event. Other companies in the cryptocurrency industry such as Coinbase, Kraken, and Ondo Finance have also donated millions of dollars. These donations not only help finance the inauguration but also provide an opportunity to build relationships with the new administration. This shows a positive change in the relationship between the technology world and the new administration, different from the tense relationship during Mr. Trump's previous term.