PANews reported on April 21 that according to Cointelegraph, newly released documents from the U.S. Federal Election Commission (FEC) show that after the results of the 2024 election were announced, several cryptocurrency companies and their executives made significant contributions to the inauguration fund of U.S. President Donald Trump. According to FEC documents released on April 20, Uniswap CEO Hayden Adams donated more than $245,000, Solana Labs donated $1 million, and software company Consensys donated $100,000 to support the inauguration of the president-elect. Previously, many major cryptocurrency companies, including Coinbase, Ripple Labs, Kraken, Ondo Finance and Robinhood, have announced their support for Trump by donating to the inauguration fund.
Overall, the Trump Inauguration Fund reported more than $239 million in net donations from corporations and individuals between November 15 and April 20. That included $1 million from McDonald's, $1 million from Apple CEO Tim Cook, $1 million from OpenAI CEO Sam Altman, and various donations from companies including Delta Airlines, ExxonMobil, FedEx, Nvidia, PayPal, Target, and Coca-Cola.
