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

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

“Ripple makes record donation Trump. Ripple just donated $5 million in XRP to support Trump’s $200 million inauguration fund. This is the largest crypto donation ever made. Crypto isn’t just an alternative investment vehicle anymore, we’re seeing it reshape the world of politics in real time,” Mario Naval wrote on X (formerly Twitter).