Several major cryptocurrency companies and executives contributed millions to U.S. President Donald Trump’s inauguration fund after his 2024 election victory, according to new Federal Election Commission filings.
Records released April 20 by the Trump-Vance Inaugural Committee show that Uniswap CEO Hayden Adams gave more than $245,000, while Solana Labs sent $1 million and Consensys donated $100,000 in January. Other crypto companies named in the filings include Coinbase, Ripple Labs, Kraken, Ondo Finance, and Robinhood—all of which previously announced support for the president through inaugural donations.
In total, the fund raised more than $239 million between Nov. 15 and April 20, drawing contributions from a wide mix of corporate donors. These included $1 million each from McDonald’s, Meta, Apple CEO Tim Cook, and OpenAI CEO Sam Altman, along with sizable donations from Delta Air Lines, Nvidia, PayPal, ExxonMobil, Coca-Cola, FedEx, and Target.
Since taking office in January, Trump appointed Mark Uyeda as acting chair of the U.S. Securities and Exchange Commission. Under his leadership, the SEC dropped a number of enforcement cases and investigations targeting crypto firms—including some that contributed to Trump’s campaign or inauguration.
Uniswap revealed in February that the SEC closed its investigation into the firm. Around the same time, Consensys founder Joseph Lubin confirmed that the regulator backed away from a separate legal dispute involving the company.
The list of crypto firms no longer facing regulatory action includes Ripple, Kraken, Robinhood Crypto, and Coinbase—companies that collectively donated roughly $9 million to the Trump inauguration fund.
The timing of the regulatory pullbacks stirred debate, particularly as Trump and his family launch ventures within the crypto space. Trump’s own memecoin debuted on the Solana blockchain in January, followed days later by a similar token from former First Lady Melania Trump.
The family is also involved in World Liberty Financial, a crypto firm backing a U.S. dollar-pegged stablecoin as lawmakers continue to hash out national stablecoin legislation.
The 2024 election cycle also saw record-level spending by crypto-linked political action committees. More than $131 million was deployed in key congressional races, with the Fairshake PAC—funded in part by Coinbase and Ripple—reporting over $100 million in available cash ahead of the 2026 midterms.
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