Cryptocurrency companies Kraken, Ripple, Ondo have pledged significant donations to Donald Trump’s inaugural committee, marking a growing trend of financial support for the president-elect. According to reports, Ripple has committed $5 million in XRP tokens, while Kraken has donated $1 million to celebratory events surrounding Trump’s swearing-in on January 20. This marked donation by Kraken was first reported by Fox News.
Source: https://www.bloomberg.com/news/articles/2024-12-20/kraken-ripple-ondo-finance-donate-to-trump-vance-inaugural-committee-xrp