Kraken and Ondo Donate US$1 Million for President-elect Donald Trump’s Inauguration

Cryptocurrency platforms Kraken and Ondo each donated US$1 million for the inauguration of President-elect Donald Trump and Vice President JD Vance on Saturday (21/12).

Previously, Ripple also contributed US$5 million for the same event.

Arjun Sethi, Co-CEO of Kraken, expressed optimism that the Trump administration will support the digital asset industry and introduce pro-crypto policies.

So far, funds raised for Trump’s inauguration have surpassed US$200 million, breaking previous inauguration fundraising records.

Major companies contributing to the event include Mark Zuckerberg, Meta, Amazon, OpenAI, Ripple, Kraken, and Ondo.

Donors will receive exclusive access to special events, including cabinet appointments, ceremonies, inauguration parties, and the official Trump-Vance swearing-in as President and Vice President of the United States.

$XRP $ONDO