After sparing no expense on the 2024 election, American crypto-related firms are doubling down on lavish political spending—by donating in droves to Donald Trump’s inauguration committee.
Inaugural funds like Trump’s pay for the days of lavish dinners, parties, and parades that typically surround an incoming president’s swearing-in, as well as the official ceremony itself. Donations to inaugural committees are commonplace for corporations and wealthy individuals seeking to curry a new president’s favor and hobnob with members of their administration on one of Washington’s biggest nights.
In the lead-up to Trump’s inauguration on January 20, numerous prominent crypto companies have dished out millions to aid the incoming…
