Crypto Execs Pledge Millions at Trump’s White House Ballroom Event

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TLDRDonald Trump hosted a White House fundraiser to support a $250 million project for a ballroom.Executives from Ripple, Gemini, Coinbase, and other prominent cryptocurrency companies attended the high-profile dinner event.Cameron and Tyler Winklevoss continued their support for Trump through significant political donations.Ripple’s CEO and legal chief have strengthened ties with Trump since his 2024 election victory.Coinbase CEO Brian Armstrong met with Trump and backed pro-crypto legislation in Washington.A group of crypto execs joined former U.S. President Donald Trump at a high-profile fundraiser for a proposed White House ballroom. The event reportedly raised funds for a $250 million expansion to the presidential residence, drawing leaders from major crypto firms. Executives from Gemini, Coinbase, and Ripple were among the guests who pledged support.Trump Hosts Crypto Execs at FundraiserTrump hosted the dinner at the White House to rally funds for a new 90,000-square-foot ballroom. Cameron and Tyler Winklevoss, co-founders of Gemini, reportedly joined the exclusive list of crypto execs in attendance. The Wall Street Journal cited their presence alongside other major donors.Their ongoing support for Trump has remained consistent through his political campaigns and crypto legislative efforts. The brothers previously pledged $2 million in Bitcoin during Trump’s 2024 campaign push. They also donated $21 million to a Trump-aligned political action committee before the 2026 midterms.Their activity in Washington has included participation in events supporting digital asset policies. In July, they attended the GENIUS stablecoin bill signing ceremony at the White House. The event highlighted their growing ties with the Trump administration.Ripple Executives Build Ties with TrumpRipple Labs CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty reportedly participated in the dinner fundraiser. Both executives have built connections with Trump since his 2024 election campaign. They also attended inauguration events and a crypto-focused summit hosted by Trump in March.Ripple’s engagement with Trump’s administration has intensified since the passage of pro-crypto legislation. The company has also backed the GENIUS Act, aiming to shape crypto regulatory frameworks. Ripple advertisements were reportedly seen across Washington D.C. during key political events.Executives from Ripple have met with lawmakers and regulators to boost crypto adoption. Garlinghouse’s appearance at the White House adds to Ripple’s growing influence. His ongoing communication with Trump signals alignment on crypto policies.Coinbase and Other Tech Giants Join Trump at FundraiserCoinbase CEO Brian Armstrong was also listed among the crypto execs at Trump’s White House dinner. His consistent presence on Capitol Hill aligns with Coinbase’s efforts to advocate for favorable cryptocurrency regulations. He previously met Trump privately and backed the GENIUS Act.Coinbase reportedly donated $1 million to Trump’s 2024 inauguration fund. Armstrong’s engagement with federal lawmakers remains focused on crypto market structure bills. His presence at the fundraiser highlights the firm’s political outreach.Executives from Google, Meta, Microsoft, and Lockheed Martin were also present, widening the scope of corporate donors. Former Bakkt CEO Kelly Loeffler, now with the Small Business Administration under the Trump administration, reportedly attended. Despite the government shutdown, the fundraiser proceeded without delay.The post Crypto Execs Pledge Millions at Trump’s White House Ballroom Event appeared first on Blockonomi.