Crypto firms invest over $10 million in Trump inaugural fund, vie for seats on digital asset advisory committee

Odaily News According to Politico, since Election Day, crypto companies including Ripple, Coinbase, Kraken, Robinhood and Circle have invested at least $10 million in the Trump Inauguration Fund. These donations will be used to finance the grand official events during the inauguration ceremony. Executives have also flocked to Washington to prepare for the new president to be sworn in on Monday.
One target of attention for crypto players is the Digital Asset Advisory Committee that Trump has vowed to create, which is led by incoming White House crypto and artificial intelligence expert David Sacks and former North Carolina congressional candidate Bo Hines. A Washington cryptocurrency lobbyist who wishes to remain anonymous said that almost everyone in the crypto space is vying for a seat on the committee.