Major Cryptocurrency Companies Make Significant Donations to Support Presidential Inauguration

**Ripple and Other Cryptocurrency Companies Donate Millions to Support Trump’s Inauguration**

In a surprising move, Brad Garlinghouse, the CEO of Ripple, has announced that the company will donate 5 million dollars’ worth of XRP tokens to support Donald Trump’s inauguration. The donation is not only significant but also comes with exclusive perks for those who contribute, including a private meeting with the President, participation in an after-party and attendance at a Sunday worship service.

The development follows a trend of increased cryptocurrency donations during this election cycle. According to OpenSecrets, a non-profit tracking organization, the cryptocurrency industry has seen a significant spike in political donations. Three super PACs related to the presidential election have collectively spent $133 million on campaign contributions. Coinbase, Ripple and Jump Crypto are among the top contributors.

Kara Calvert, Head of US Public Policy at Coinbase, stated that the company is committed to working with both parties to regulate cryptocurrencies. In a bold move, Coinbase donated $1 million to Trump’s inauguration committee before the election results were even announced. “We’re committed to working together with the administration and Congress to clarify cryptocurrency regulations,” Calvert emphasized.

“We believe that with this new administration, we can start building a future where cryptocurrencies play an important role in shaping America’s financial landscape.”

Calvert expressed confidence in working with Trump’s administration, which they believe will be the most pro-crypto-friendly in US history. The company aims to build a brighter future for cryptocurrencies in America.

The article concludes with the following hashtags: #Kraken #Ripple #Trump

Source: www.bitcoinbazis.hu