(DailyAnswer.org) – In an unprecedented move, President-elect Donald Trump’s inauguration committee is ready to set records, gathering over $150 million with substantial tech and crypto contributions.
At a Glance
- Tech and crypto sectors make substantial contributions to Trump’s inauguration fund
- Coinbase and Kraken each donate $1 million
- Big tech leaders like Jeff Bezos and Mark Zuckerberg contribute
- Record-breaking $200 million pledged to the inaugural committee
Tech and Crypto Backing
President-elect Donald Trump’s inauguration fund is receiving massive support from both the tech and cryptocurrency sectors. Coinbase and Kraken have each pledged $1 million to the Trump-Vance inaugural committee. Ripple intends to contribute $5 million in XRP tokens.
The influx of donations represents part of a staggering $200 million total pledged to the inaugural committee, far exceeding past records. The crypto industry backs Trump’s presidency, hoping for lighter regulations. Trump’s appointments of crypto-friendly individuals to significant positions have fueled this enthusiasm.
💰 Trump-Vance inaugural fund hits $200M, with Ripple donating $5M in XRP. Big tech & crypto giants back the administration, signaling a pro-crypto shift. XRP surges post-SEC victory, eyeing $4.50. 🚀📈 #Crypto #XRPhttps://t.co/ObFBWHMNG0
— TWJ News (@TronWeekly) December 22, 2024
Influential Tech Contributions
Prominent tech figures, including Jeff Bezos of Amazon and Mark Zuckerberg of Meta, each donated $1 million. Sam Altman, CEO of OpenAI, is another key contributor with a planned $1 million donation. This financial support suggests a shift among tech executives who were previously critical of Trump.
Additional contributions come from CEOs like Ken Griffin of Citadel, each donating $1 million. Amazon plans to stream Trump’s inauguration on Prime Video, symbolizing the tech industry’s growing public support for Trump.
A chilly relationship between Trump and the tech world has suddenly warmed as major money is pouring in to the Trump Inauguration fund. https://t.co/7LjGhONS8E
— Cheddar (@cheddar) December 13, 2024
Strategic Alignments
The generous contributions and scheduled meetings with Trump reveal a notable shift in stance by the tech sector. Notable companies such as Toyota, Ford, and General Motors have each pledged $1 million to the fund. Ford also plans to provide a fleet of vehicles for the inauguration.
This unprecedented financial backing reflects strategic alignments with Trump’s incoming administration. Major companies and investors are placing economic and policy stakes in the evolving political landscape, signaling potential influence over administrative decisions.
Copyright 2025, DailyAnswer.org
