In a stealthy but powerful move, crypto giants are pouring millions into the 2024 election, wielding unprecedented influence. Pro-Trump PACs have raised $7.5 million in crypto donations, while Kamala Harris supporters pocketed $1 million in XRP.
Crypto-backed PACs are playing both sides, spending $125 million on ads—without even mentioning crypto. Their goal? To quietly sway key races, push favorable regulations, and cement the future of digital assets in Washington. As crypto muscles into politics, this may be the industry's most strategic play yet.