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Crypto Heavyweights Among Those Bankrolling Trump's $300M White House Ballroom

The White House has released a donor list for Trump’s gilded state ballroom.
Crypto Heavyweights Among Those Bankrolling Trump's $300M White House Ballroom
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The White House has released a full list of corporate and individual donors backing President Donald Trump’s privately funded $300M ballroom project, revealing the deep ties between America's corporates and the Trump admininstration.

What's the Scoop?

  • Crypto Donor Support: Coinbase, Ripple, Tether, and Gemini’s Tyler and Cameron Winklevoss are funding construction of a 90k square-foot ballroom on the White House’s eastern side.
  • Built by Big Industry: Also among donors are tobacco giants Altria and Reynolds; defense tycoons Lockheed and Palantir; and tech mega caps Apple, Amazon, Google, Meta, and Microsoft. The unique coalition highlights the litany of companies that have financially benefited from Trump’s agenda of industry deregulation, digital asset expansion, and unrestrained global conflict.
  • Influence On Sale: Earlier this week, Donald Trump Donald Trump pardoned Binance Binance co-founder Changpeng Zhao, who helped fund global terror and crime networks by willfully failing to implement proper anti-money laundering controls. The pardon came just months after Binance began holding $2B of World Liberty Financial's USD1, an investment that will produce tens of millions of dollars in annual interest income for the Trump family.

Bankless Take:

At no time in American history has the convergence between money and politics been so literal. While Trump applauded his ballroom for being built without the use of public funds, its list of corporate backers showcases the deep ties between Trump and companies whose economic fates he previously meddled.


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Jack Inabinet

Written by Jack Inabinet

517 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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