Crypto firms invest over $10 million in Trump inaugural fund, vie for seats on digital asset advisory committee
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According to Politico's statistics, since Election Day, crypto companies including Ripple, Coinbase, Kraken, Robinhood, and Circle have invested over $10 million in Trump's inauguration fund, which 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's swearing-in on Monday. One of the targets of interest for crypto participants is the digital asset advisory council that Trump has vowed to create, which will be led by the incoming White House crypto and AI expert David Sacks and former North Carolina congressional candidate Bo Hines. An anonymous Washington crypto lobbyist stated that currently, almost everyone in the crypto field is vying for a seat on this council.
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