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crypto.news 2025-04-21 19:06:00

Consensys, Solana, Uniswap were among the companies donating $239 million to Trump’s inauguration, filings show

Consensys, Solana, Uniswap were among the companies donating $239 million to Trump’s inauguration, filings show

New filings show that Consensys, Solana, and Uniswap were among the crypto firms that donated millions to Trump’s inauguration. Multiple crypto firms donated quietly to Trump, including Consensys, Solana, and Uniswap. A recent FEC filing , published on Sunday, April 20, revealed more details about the crypto industry’s donations to Trump’s inauguration fund. The filings show that Solana Labs was among the major donors, pledging $1 million to Trump’s inauguration, which they did not reveal to the public. At the same time, Hayden Adams, CEO of the decentralized exchange Uniswap, gave $245,000 to the fund. Crypto analytics firm Consensys donated $100,000, without making a big fuss about it. You might also like: Uniswap Labs no longer under SEC scrutiny as agency halts enforcement actions This helped Trump raise over $239 million for the lavish event, which prominently featured its corporate donors, including several crypto executives. Ripple, Coinbase, and Kraken donate seven figures This was in addition to the millions donated by other crypto firms, which were among the biggest donors to the inaugural fund. Notably, the latest filing confirmed that Coinbase, Ripple Labs, Kraken, Ondo Finance, and Robinhood all donated seven figures to the fund, which the firms disclosed earlier. You might also like: Ripple settles with regulators, price rallies: CEO thanks Trump Ripple was among the biggest donors, giving almost $4.9 million for the event. The only company that donated more was Pilgrim’s Pride Corp, a U.S.-based poultry producer. Among other major donors were Apple and Meta, as well as Apple CEO Tim Cook, all donating $1 million respectively. AI companies, including OpenAI CEO Sam Altman and Perplexity AI, also donated to the fund. While the U.S. government funds the swearing-in ceremony, the festivities surrounding the inauguration are privately funded. For this reason, the candidate forms a non-profit Presidential Inaugural Committee , which collects donations from private donors. You might also like: Weekly inflows return to Bitcoin ETFs as Trump threatens to fire Fed chair Powell

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