In a notable move to influence the regulatory environment for digital assets in the United States, several major cryptocurrency firms have made significant financial contributions to President-elect Donald Trump’s inaugural committee. Ripple made headlines with a $5 million donation in XRP, while Coinbase and Kraken each contributed $1 million. These donations, totaling over $7 million, reflect the growing intersection of politics and the cryptocurrency industry.

Financial Landscape of Political Donations

As of 2024, cryptocurrency companies have reportedly donated more than $119 million to political campaigns, setting a historic precedent. This financial support underscores the industry's desire…