Trump PAC Secures $7.5 Million in Crypto Donations
The former president's campaign gains significant cryptocurrency support as he positions himself as a pro-crypto candidate.
- The Trump 47 PAC has raised over $7.5 million in cryptocurrencies, including bitcoin and ether, since June 2024.
- Major donors include the Winklevoss twins and venture capitalists Marc Andreessen and Ben Horowitz, with Elon Musk contributing nearly $75 million to a pro-Trump super PAC.
- Trump has shifted his stance on cryptocurrencies, now advocating for the U.S. to become a global leader in the crypto industry.
- The Trump campaign has also launched World Liberty Financial, a crypto banking platform, selling tokens worth over $10.2 million despite technical issues.
- Vice President Kamala Harris is also engaging with the crypto community, emphasizing the need for regulatory frameworks.