Trump Raised Millions From Crypto Firms for His Inauguration (1)

Jan. 31, 2025, 4:33 PM UTC

President Donald Trump’s inaugural committee received millions of dollars in donations from firms in the cryptocurrency industry that’s already seeing special attention from his administration, new disclosures show.

Coinbase Inc., Crypto.com, Galaxy Digital, Paradigm Operations and Payward Inc., better known as Kraken, each gave $1 million. Robinhood Markets Inc., which offers a trading platform for digital currencies, contributed $2 million, according to the reports filed with the Senate Office of Public Records.

Once a crypto skeptic, Trump enthusiastically embraced the industry as an investor, entrepreneur and source of political fundraising. Among the large donors to ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.