Trump’s 2024 Campaign Secures $4 Million in Crypto: Here’s Who Donated!

With the US elections nearing, former President Donald Trump Donald Trump Donald J. Trump is a US-based business tycoon, pro-crypto politician, and 47th (present) President of the United States. He comprehends the significance and needs of the modern fintech world, and people look up to him as a dominant pro-crypto politician. Once doubtful about Bitcoin's dominance, he said in a tweet in 2019, “I am not a fan of Bitcoin", but now has a significant amount of cryptocurrency holdings in his pool. He has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which highlights his commitment to the future of cryptocurrency. Quick Facts Full name Donald John Trump Birth 14-06-1946, New York, United States Nationality American Education BS from the University of Pennsylvania Famous For Business, Politics Donald Trump - Career Highlights & Events 2016 – Elected as the 45th President of the United States from the Republican Party. 2017 – Signed the Tax Cuts and Jobs Act, impacting investment environments 2019 – Slammed crypto king Bitcoin on X, calls it "not money". 2025 – A gala party was hosted by him for the top 220 Trump meme coin holders. President is capitalizing on the growing interest in cryptocurrencies by accepting them for his 2024 presidential campaign. So far, Trump’s campaign has raised over $4 million in crypto donations, marking a significant trend in political fundraising.

Trump’s campaign has received substantial contributions in Bitcoin, Ethereum, XRP, and the US dollar-pegged stablecoin USDC. Specifically, more than $2.15 million in Bitcoin has come from 19 donors across 12 states. The Federal Election Commission filings also show donations in several meme coins.

Crypto Heavyweights Rally Behind Trump

Adding to the list, Ripple’s CLO, Stuart Alderoty, is the next big name in Trump’s 2024 presidential campaign, donating 624,000 XRP, worth approximately $300,000. This significant donation was revealed by FOX Business journalist Eleanor Terrett, who cited data from the blockchain analytics platform Bread Crumb. The donation was initially made on June 11, 2024, but it only came to public attention following Terrett’s report.

Converting XRP to USDC: A Strategic Move

Moreover, the transaction details show that Alderoty’s donation was converted to USDC, a widely used stablecoin, at an average rate of $0.48 per XRP. Trump’s campaign converts all crypto donations to USDC to avoid price swings, as noted by former FOX analyst James Delmore.

Alderoty supports Trump, believing he will provide regulatory clarity for cryptocurrencies, unlike President Biden. Trump has shown strong support for crypto and will speak at the Bitcoin Conference.

Trump’s Crypto Move: A Huge Win!

The Ripple CLO is not alone in his support for Trump. The former president’s campaign, which began accepting crypto donations on May 21, 2024, has received over $4 million in cryptocurrencies, including BTC, ETH, and XRP, all of which have been converted to USDC. Prominent figures in the crypto space, such as Gemini founders Tyler and Cameron Winklevoss, have also contributed significantly, each donating $1 million in BTC. However, since this exceeded the legal maximum donation limit, part of their contributions were returned.

Other notable donations include $1 million in ETH from Jesse Powell, the CEO of kraken kraken Kraken is one of the oldest and most reputable cryptocurrency exchange platforms, founded in 2011, allowing people to buy, sell, and trade cryptocurrencies. It focuses on improving the user experience, accessibility, and security. Kraken offers advanced trading, staking, and custody solutions for users worldwide. Key Features: Spot trading over 200 coins, with access to crypto liquidity and low spreads in the crypto markets. Futures trading with strong liquidity and a reliable platform. Allows NFTs to be traded without gas fees, increasing accessibility to users. Institutional-grade custody, OTC trading, and staking for passive rewards. Secure crypto wallet for the storage and management of crypto assets. [email protected] Centralised ExchangeDecentralised Exchange and $50,000 in BTC from Mike Belshe, the CEO of BitGo BitGo BitGo is a cryptocurrency wallet founded by Mike Belshe, Ben Davenport, and Will O'Brien, offering liquidity, custody, and security to institutional investors and cryptocurrency platforms with expertise in cybersecurity, regulation, compliance, and risk management. Founded in 2013, it is widely trusted by investors, exchanges, hedge funds, and enterprises to secure, manage, and transfer cryptocurrencies safely. Key Features: Uses multi-signature technology that requires multiple approvals, reducing risk and fraud. Offers portfolio management tools for managing and tracking digital assets efficiently. Supports crypto trading, staking, and treasury management from one platform. Advanced APIs and infrastructure for exchanges, funds, and fintech companies. [email protected] Wallet Messari co-founder Ryan Selkis also contributed $50,000 to USDC. These substantial donations from key players in the crypto industry highlight the growing support for Trump’s presidential ambitions and his pro-crypto policies.

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Will Trump’s Crypto Donation Campaign help him win the American voters? Only Time will tell. Stay tuned with us to know more.