Crypto Firms Donate Over $12M to Trump’s Inauguration Fund, Signalling Political Shift

Major cryptocurrency firms have collectively donated over $12.27 million to President Trump’s 2025 inauguration fund, showcasing a growing political alliance with the current administration. Key donors include Ripple Labs, Coinbase, and Robinhood. This trend reflects a shift towards a more favourable regulatory environment for digital assets, signalling renewed optimism within the crypto industry.

Recent filings from the Federal Election Commission demonstrate that various significant players in the cryptocurrency sector collectively contributed over $12.27 million to President Donald Trump’s 2025 inauguration fund. This trend indicates an increasing political alliance between the digital asset industry and the current U.S. administration, which has expressed itself as a supporter of Bitcoin and broader cryptocurrency adoption.

Ripple Labs emerged as the leading donor among crypto-related firms, contributing $4.8 million. Other notable donations include Robinhood with $2 million, and Coinbase, a major crypto exchange in the U.S., alongside stablecoin issuer Circle, blockchain platform Solana Labs, and Kraken’s parent company Payward Inc., all contributing $1 million each.

Further contributions include Hayden Adams, the founder of Uniswap, who donated $245,727.56 on January 9, representing one of the largest individual donations from the crypto community. Additionally, Ethereum infrastructure firm Consensys and Yuga Labs, creators of the Bored Ape Yacht Club NFT collection, each donated $100,000 through respective parent companies.

These donations coincide with the Trump administration’s efforts to integrate digital assets deeper into the U.S. financial infrastructure. The president has committed to positioning America as a “Bitcoin superpower,” while lawmakers are pursuing legislation to establish a regulatory framework for stablecoins and digital assets.

This contrast in approach marks a departure from the previous regulatory challenges faced by the crypto industry following the downfall of FTX and the closure of crypto-friendly banks like Silvergate and Signature. The improved stance has restored confidence among crypto firms, many of whom are now eager to cultivate stronger relationships with policymakers. The contribution of $12.27 million categorises the crypto sector as one of the most significant contributors to the inauguration, paralleling the influence of other sectors such as energy, finance, and technology.