Ripple has pledged an impressive 5 million XRP for the inauguration of President-elect Donald Trump in January. Other prominent crypto firms such as Coinbase, Kraken, and Ondo Finance have also contributed 1 million USD each, signifying a unified crypto sector effort.
This historic donation underscores the increasing political clout of the cryptocurrency industry. Crypto-related PACs have collectively donated 133 million USD in this election cycle, illustrating the desire for political engagement and influence in policymaking.