Coinbase, Ripple, and other major cryptocurrency firms have emerged as top donors in the $300 million White House expansion project, which includes a new presidential ballroom. The donor list, released on October 23, also features Tether, Paxos, and the Winklevoss twins. This project represents the most significant physical change to the White House since the 1940s, following the demolition of the East Wing.
In addition to crypto firms, tech giants like Amazon, Apple, and Microsoft are also contributing. The involvement of cryptocurrency companies highlights their commitment to political engagement, which they argue is crucial for achieving regulatory clarity and fostering long-term growth in the industry.
Coinbase and Ripple Lead Crypto Donations for White House Expansion
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