Ripple Donates $5 Million in XRP to Trump’s January Inauguration

Ripple has pledged $5 million worth of XRP to support the inauguration festivities for President-elect Donald Trump and Vice President-elect J.D. Vance in January.

Other crypto companies, including Coinbase, Kraken, and Ondo Finance, have also announced significant donations to the inauguration fund.

Cryptocurrency Firms Contribute Over $8 Million to Trump’s Inauguration

According to Fox Business, Coinbase and Kraken have each donated $1 million to the Trump-Vance Inauguration Committee.

The committee is organizing a series of events, including parties, parades, and dinners, to celebrate the election victory in November. The three-day celebrations will take place around the swearing-in ceremony on January 20.

At the same time, Ondo Finance is also reportedly donating $1 million to the inauguration fund. The announcement comes after Ondo surged to a record high of $2.14 earlier this week, fueled by a $250,000 investment from World Liberty Financial, a Trump-backed crypto project.