Connect with us

Coin Market

Consensys, Solana, and Uniswap CEO donated to Trump's $239M inauguration fund

Published

on

New filings from the Federal Election Commission (FEC) reveal that several cryptocurrency firms and their executives made significant contributions to US President Donald Trump’s inauguration fund after the results of the 2024 election. 

According to FEC filings made public on April 20 by the Trump-Vance Inaugural Committee, Uniswap CEO Hayden Adams donated more than $245,000, Solana Labs donated $1 million, and software firm Consensys sent $100,000 in January 2025 to support the then-president-elect’s inauguration. Many major crypto firms had previously announced their support of Trump through donations to the inaugural fund, including Coinbase, Ripple Labs, Kraken, Ondo Finance, and Robinhood.

Jan. 9 contribution from Uniswap CEO Hayden Adams to Trump-Vance inauguration fund. Source: FEC

Altogether, the fund reported more than $239 million in net donations between Nov. 15 and April 20 from companies and individuals. These included $1 million from McDonald’s, $1 million from Apple CEO Tim Cook, $1 million from OpenAI CEO Sam Altman, and various contributions from Delta Air Lines, ExxonMobil, FedEx, Nvidia, PayPal, Target, and Coca-Cola. 

Since Trump took office on Jan. 20 and appointed Mark Uyeda as acting chair of the US Securities and Exchange Commission (SEC), the agency has dropped multiple investigations and enforcement actions against crypto firms, including those that donated to the president’s 2024 campaign or inauguration fund. In February, Uniswap reported that the SEC had dropped its probe into the firm, and Consensys founder Joseph Lubin said the agency had agreed to end a separate lawsuit. 

This is a developing story, and further information will be added as it becomes available.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Coin Market

Bitcoin market dominance moves above 61%: Will altcoins follow?

Published

on

By

Bitcoin’s market dominance climbed above 61% as BTC led crypto market flows. Data also showed Binance-listed altcoins’ share of volume hitting 49% in March.

Continue Reading

Coin Market

US Senator says crypto market structure vote could happen by August

Published

on

By

Kirsten Gillibrand said that the US Senate had to address lawmakers potentially getting “rich off of these industries because of their insider status“ before any vote on the CLARITY Act.

Continue Reading

Coin Market

Crypto-backed Republican candidate wins Indiana congressional primary

Published

on

By

Representative James Baird won the Republican primary for Indiana’s 4th district on Tuesday after receiving an endorsement from Donald Trump and supportive spending from a crypto-backed PAC.

Continue Reading

Trending