According to Bloomberg, cryptocurrency companies are increasing their financial support for Trump's inauguration ceremony. Kraken announced a donation of $1 million for the celebration, while Ondo Finance founder Nathan Allman revealed that the company would also donate $1 million. Ripple plans to donate $5 million worth of XRP tokens. According to OpenSecrets data, the cryptocurrency industry has donated $133 million through three major Super PACs during this election cycle, primarily from Coinbase, Ripple, and Jump Crypto. In addition, companies like MoonPay and Robinhood also plan to make contributions to the inauguration committee.
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