Coinbase, Ripple among crypto titans donating to Trump’s new White House ballroom
Summary
Major cryptocurrency companies, including Ripple, Coinbase, Tether, and the founders of Gemini (Cameron and Tyler Winklevoss), are reportedly among the donors contributing to President Donald Trump's new, privately funded White House ballroom. Other major tech companies like Apple, Comcast, Google, and Microsoft are also listed as contributors, though donation amounts are undisclosed. The $300 million project, announced in July 2025, has faced criticism, which the White House dismissed as "manufactured outrage." This follows previous financial support from the crypto industry to Trump-aligned political efforts, including donations to a pro-Trump PAC by the Winklevoss twins and contributions to Trump's inaugural committee by Circle, Ripple, and Coinbase. The crypto industry played a significant role in the 2024 election cycle, supporting pro-crypto candidates.
(Source:The Block)