Two major exchanges invest over $21 million in U.S. politics, expanding the influence of the crypto industry

TokenSherpa · 2026-01-06T01:00:12+00:00

The influence of the cryptocurrency industry in U.S. politics is rising, with two major exchanges donating over $21 million to political organizations supporting the president to back candidates in the 2026 midterm elections. This demonstrates that the crypto industry is actively engaging in political affairs.

TokenSherpa

2026-01-06 01:00:12

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【Crypto World】The political influence of the cryptocurrency industry continues to expand. According to recent data disclosed by the U.S. Federal Election Commission, two leading exchanges have invested over $21 million in political organizations supporting the U.S. president. Among them, Gemini Trust Company donated 1.5 million USDC to a related super PAC, while Foris Dax, the parent company of Crypto.com, donated $10 million twice. The purpose of these funds is clear—supporting candidates with similar ideals in the 2026 U.S. midterm elections. Notably, since 2025, Crypto.com has begun establishing closer collaborations with relevant media companies, indicating that crypto exchanges are becoming more proactive in participating in political and cultural affairs. The 2026 midterm elections will re-elect all 435 House seats and 33 Senate seats, and these donations may just be the beginning of the crypto industry’s involvement in the U.S. political landscape.

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PermabullPete

· 01-08 16:43

Wow, 21 million invested? This is about buying influence, and it's becoming more and more obvious.

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MainnetDelayedAgain

· 01-08 16:28

According to the database, the exchange's political play has been postponed for the nth time. It's been a while since they last claimed to "develop quietly." Now, with $21 million directly exposed, this move is absolutely impressive.

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gas_guzzler

· 01-07 07:47

Wow, pouring 21 million, they really want to have a say in Washington.

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LiquidatedTwice

· 01-06 01:28

These two exchanges are playing politics. Throwing down 21 million USD, whether it's reliable or not is really hard to say.

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CryptoSurvivor

· 01-06 01:23

Wow, over 20 million directly poured into politics? This is what they call "influence." With money, you can really do whatever you want.

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ShortingEnthusiast

· 01-06 01:16

The industry truly is an industry; it's really starting to play politics. Pour in money, and the influence will follow.

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MetaverseVagabond

· 01-06 01:14

Wow, this political game is really intense. The two major exchanges spent 21 million just to hold the power of speech. Meanwhile, we retail investors are still worried about gas fees.

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ContractTester

· 01-06 01:14

No, is the exchange directly getting involved in politics? This kind of feels like buying insurance.

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PaperHandSister

· 01-06 01:11

Whoa, the exchange is directly pouring 21 million into political games? This is clearly about rewriting the rules of the game... Cryptocurrency is really about to take off.

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