Trump inauguration draws big crypto donations [FOX Business Network]
Coinbase Global, Inc. - Class A (COIN)
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Source: FOX Business Network
Big crypto is joining big tech and the rest of corporate America by donating millions toward President-elect Trump's inauguration celebrations, FOX Business has learned. Cryptocurrency exchange Kraken donated $1 million to the Trump-Vance inaugural committee, the organization funding the three-day extravaganza of galas, parades and dinners celebrating Trump and his VP-elect JD Vance's big win in the November election, taking place in the days before and after their swearing in on January 20th. Blockchain payments firm Ripple will also make a $5 million contribution in its native crypto token XRP. Both companies confirmed the donations to FOX Business. Another crypto outfit, MoonPay, a digital asset payment provider, told FOX Business it will also donate to the fund but declined to disclose an exact amount. News of the crypto donations has not yet been reported. The contributions make up a small part of the record $200 million already pledged to the inaugural committee from co
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