Crypto Leaders Step Up Efforts to Gain Trump's Favor

by Giorgi Kostiuk

2 years ago

As President-elect Donald Trump’s inauguration day draws near, top crypto industry CEOs are racing to secure access to the incoming administration.

Increased Activity Ahead of Inauguration

Jeremy Allaire, CEO of Circle, revealed that his company contributed $1 million in tokens to Trump’s inaugural committee, joining a growing list of crypto leaders seeking favor with the future president.

Appointments to the Crypto Council

With less than two weeks until the inauguration, industry executives are eagerly vying for a spot on a soon-to-be-formed crypto advisory council. This council, expected to include about two dozen CEOs and founders, will play a key role in shaping the administration’s digital-asset policies.

Many of the likely appointees already have close ties to Trump, having met with him in recent months.

Crypto Industry Prepares for the New Administration

Major players like Coinbase, Kraken, and Ripple have also made significant donations to Trump’s inaugural fund. On January 17, the industry will host the 'Inaugural Crypto Ball' in Washington, a high-profile event to show support for the incoming administration, backed by prominent crypto companies like Coinbase, Kraken, and MetaMask.

This flurry of activity highlights the crypto industry’s efforts to establish a strong connection with the new administration, hoping to shape future policies on digital assets.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Tier I

Requires 25% Tier Progress to Claim

Meme Cache

Tier I

Requires 50% Tier Progress to Claim

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Tier I

Sector: #18291

25%

50%

75%

100%

Tier II

Survivors rescued:

0 / 600

Survivors

0/0

Transmit Signal

Broadcast this sector's coordinates to other rescuers.

Other news

China Launches Investigation into AI Labs for Data Misuse

China has launched an investigation into AI labs DeepSeek and Moonshot AI for allegedly routing sensitive user data to Anthropics servers.

Nguyen Van Longan hour ago

Lion Group Holding Adds HYPE Tokens to Corporate Treasury

Lion Group Holding has disclosed a corporate treasury position of approximately 195,000 HYPE tokens, marking a significant move in corporate crypto asset holdings.

Satoshi Nakamuraan hour ago

Zcash ETP Gains Traction Amidst Market Surge

Zcash has seen a remarkable price increase this year, with gains exceeding 2,700%, fueled by the launch of the Zcash exchange-traded product (ETP) by 21Shares, providing a regulated way for investors to gain exposure to Zcash.