**Donald Trump Hosts High-Profile White House Fundraiser with Top Crypto Executives for $250 Million Ballroom Expansion**
Former President Donald Trump recently hosted an exclusive fundraiser at the White House to raise support for a $250 million project aimed at expanding the presidential residence with a new 90,000-square-foot ballroom. The event attracted prominent executives from leading cryptocurrency companies, including Ripple, Gemini, Coinbase, and others, highlighting the growing intersection between crypto industry leaders and political influence.
### Crypto Industry Leaders Rally Behind Trump
Among the distinguished guests were Cameron and Tyler Winklevoss, co-founders of Gemini, who have been consistent supporters of Trump through substantial political donations. The Winklevoss twins have pledged significant financial backing, including a $2 million Bitcoin contribution during Trump’s 2024 campaign and a $21 million donation to a Trump-aligned political action committee ahead of the 2026 midterms. They have also actively participated in Washington events advocating for digital asset policies, such as attending the GENIUS stablecoin bill signing ceremony at the White House in July. This event underscored their growing ties with the Trump administration and dedication to advancing crypto-friendly legislation.
### Ripple Strengthens Ties with Trump’s Administration
Ripple Labs CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty also took part in the White House dinner. Both have cultivated strong connections with Trump following the 2024 election campaign, including appearances at inauguration events and a crypto summit hosted by Trump in March. Ripple has intensified its engagement with the administration, endorsing pivotal legislation like the GENIUS Act designed to shape the regulatory environment for cryptocurrencies. The company’s advertisements have been prominent across Washington D.C. during key political moments, and Ripple executives have met with lawmakers and regulators to accelerate crypto adoption. Garlinghouse’s appearance at the fundraiser signals Ripple’s deepening influence and alignment with Trump’s crypto policy goals.
### Coinbase and Other Tech Giants Join the Fundraiser
Coinbase CEO Brian Armstrong was also among the crypto executives at the fundraiser. His ongoing advocacy on Capitol Hill aligns with Coinbase’s strategic push for favorable cryptocurrency regulations. Armstrong has previously met privately with Trump and supported the GENIUS Act. Coinbase reportedly donated $1 million to Trump’s 2024 inauguration fund, reflecting the company’s commitment to political outreach. Armstrong’s engagement with federal lawmakers remains focused on advancing crypto market structure bills.
The fundraiser’s guest list extended beyond crypto, including executives from major tech companies like Google, Meta, Microsoft, and Lockheed Martin, broadening the scope of corporate support for the White House expansion. Former Bakkt CEO Kelly Loeffler, who currently serves in the Small Business Administration under the Trump administration, was also in attendance.
### Fundraiser Proceeds Despite Government Shutdown
Despite the ongoing government shutdown, the fundraiser proceeded as planned without delay, emphasizing the importance of political and corporate collaboration in advancing significant projects and policy initiatives.
—
This high-profile event marks a significant convergence of cryptocurrency leadership and political fundraising, underscoring the crypto industry’s expanding role in shaping policy and engaging with government figures at the highest levels.
https://blockonomi.com/crypto-execs-pledge-millions-at-trumps-white-house-ballroom-event/
