Crypto Exchanges Contribute Over $21M to Trump PAC
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 05 2026- Financial Contributions: Gemini Trust Company donated 1.5 million USDC to the MAGA Inc. Super PAC, while Crypto.com's parent company Foris Dax contributed two $10 million donations, totaling over $21 million, significantly bolstering the PAC's financial resources.
- Political Impact: Although Trump is not running for reelection in 2026, these funds can still support like-minded candidates, potentially influencing control of Congress, particularly in critical House and Senate elections.
- Industry Involvement: An executive from Shift4 donated $1 million, and JP Morgan contributed over $4 million, showcasing active participation from the crypto and financial sectors in political activities, which could shape future legislative environments.
- Election Outlook: The 2024 elections saw significant funding from crypto companies and executives, notably $40 million spent in Ohio's Senate race, indicating that the crypto industry's influence in upcoming elections will likely continue to grow.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
