Crypto Firms Dominate Election Donations

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CNBC

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Crypto industry accounts for almost half of corporate donations in 2024 election, report says

Summary

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80% Informative

Nearly half of all the corporate money flowing into the election has come from the crypto industry.

Most of the money is going to super PACs that are backing pro-crypto candidates running for office.

Since 2010 , the crypto sector has accounted for 15% of all disclosed contributions in U.S. elections.

Trump described the approach as "constructive" and said "the dialogue had been an important first step" Money has rolled into Trump 's campaign from digital asset executives since he leaned into being the pro-crypto candidate.

Trump has adopted increasingly bullish talking points on cryptocurrencies on the campaign trail.

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English

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