Overview

• Co-CEO Arjun Sethi said Kraken will give $1 million to the Freedom Fund PAC and raise its 2025 commitment to America First Digital to $1 million.
• Sethi framed the move as defending self-custody, permissionless development, freedom from surveillance-based finance, and access to open infrastructure.
• Both PACs back Republican and pro‑Trump causes, despite Kraken saying it is supporting principles rather than a political party.
• Industry figures including Tyler Winklevoss praised the decision, following the Winklevoss twins’ more than $21 million Bitcoin gift to launch the Digital Freedom Fund.
• Kraken’s step fits a wider political mobilization in crypto, with large PAC war chests, bipartisan progress like the GENIUS Act, and recent regulatory context including the SEC dropping a lawsuit against the exchange in March.