Ripple and other crypto firms back Trump’s inauguration with significant donations.
Crypto leaders hope for regulatory clarity under Trump’s pro-crypto stance.
Experts warn Trump’s limited policy window could affect crypto market stability.
Ripple’s $5 million donation in XRP to the Trump-Vance inaugural committee drew attention across the crypto sector. This action is part of a wider push by prominent industry leaders who have aligned with the Trump administration. The contribution is aimed to finance celebrations for President-elect Donald Trump and Vice President-elect J.D. Vance’s January inauguration.
JUST IN: @Ripple will donate a $5 million contribution in its native crypto token #XRP to President-elect Donald Trump! pic.twitter.com/DzFmXzDg8B
— JackTheRippler © (@RippleXrpie) December 20, 2024
Other prominent crypto players, including Coinbase and Kraken, also contributed $1 million each to the Trump-Vance Inaugural Committee. MoonPay, another crypto company, confirmed it donated, but did not reveal the amount.
According to Fox Business reports, these donations showed the crypto industry’s rising enthusiasm for Trum…
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