Overview
- Wednesday’s fundraiser brought 128 business and crypto figures to the White House, including leaders from Coinbase, Ripple, Tether, and Gemini.
- Trump told guests the project’s financing was already fully covered, with reports describing pledges from senior executives across the industry.
- Attendees extended beyond digital assets to executives from Google, Microsoft, Amazon, Apple, Meta, and Lockheed Martin, while YouTube contributed $22 million tied to a legal settlement.
- The event took place during a federal shutdown and a steep crypto market slide, prompting criticism over access for donors pursuing policy outcomes.
- Crypto firms’ outreach aligns with their push for clearer rules such as the GENIUS Act, as coverage also cites reports alleging sizable Trump-family crypto earnings.