In the form of a statement presented to the Federal Election Commission, the details of the donations from the crypto field to Trump’s starting committee were revealed. The statement said that a total of 239 million dollars were collected and new donor names that have not been reported to date. These donations were observed that it was carried out by the companies and the founders of the project.
Crypto donors to Trump
In the new statement, Solana Labs, Ethereum applications, Consensys and Uniswap founder Hayden Adams, such as names that have not been reported before. The roles of these names in the sector and their financial support may be effective in shaping the task period. In addition, the previous contributions of leading companies such as Coinbase, Ripple Labs and Paradigm have been reported.
It was reported that the collected funds were used for accelerating legal regulations on crypto for the first three months. Management has taken steps to create a strategic Bitcoin reserve while working on Stablecoin legislation and market structure. It was stated that he tried to take an approach in harmony with banking regulatory institutions.
Crypto coins and politics
In the statement, Cantor Fitzgerald’s contribution to over $ 1 million, the role of the firm in the storage of US treasury -backed assets and the long -term manager’s place in Trump management emphasized. Solana Labs’s contribution of $ 1 million as San Francisco -based engineering company drew attention within the scope of the efforts of the administration to create strategic crypto asset reserves. The left coin was on the list.
Hayden Adams’s contribution of approximately 245 thousand dollars was among the prominent donations.
In addition, the New York -based Cypherium Blockchain and Yuga Labs, known for its 125 thousand dollars and NFT projects, have been reported to have donated $ 100,000 each. The fact that regulatory institutions suspend or terminate some of the SEC’s investigations towards the sector can be considered in connection with these contributions. As a matter of fact, Trump gave his promises accordingly because he received great support from the crypto community.
Among the previously reported donors are also known to include Ripple, Robinhood, Circle, Coinbase, Paradigm, Paypal and Sam Altman.
The described data show that financial supports to the crypto sector have indirect reflections on the work of Trump administration on legal regulations and strategic steps. The use of funds and the dialogue established with the sector are expected to have effects on regulatory approaches and market dynamics.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
