Crypto firms invest over $10 million in Trump inaugural fund, vie for seats on digital asset advisory committee

CoinRank News: According to Politico, since Election Day, crypto companies including Ripple, Coinbase, Kraken, Robinhood and Circle have invested at least $10 million in the Trump Inauguration Fund, which will be used to fund grand official events during the inauguration ceremony. Executives have also flocked to Washington to prepare for the new president to be sworn in on Monday. One target of crypto participants is the Digital Asset Advisory Committee that Trump vowed to create, which is led by the incoming White House crypto and artificial intelligence expert David Sacks and former North Carolina congressional candidate Bo Hines. A Washington cryptocurrency lobbyist who wished to remain anonymous said that almost everyone in the crypto field is currently vying for a seat on the committee.