Crypto Giants Gemini and Crypto.com Pour $21M Into Trump-Aligned MAGA Inc

TheNewsCryptoPublicado em 2026-01-06Última atualização em 2026-01-06

Resumo

Gemini and Crypto.com, through its parent company Foris Dax, have collectively donated $21 million to the pro-Trump Super PAC, MAGA Inc., ahead of the 2026 U.S. midterm elections. Gemini contributed $1.5 million in USDC stablecoins, while Foris Dax provided $20 million. This significant contribution, alongside donations from firms like Shift4 and JPMorgan Chase, positions crypto companies as a major donor group. The surge in political spending follows former President Trump's signing of the GENIUS Act, which established clearer stablecoin regulations, and his campaign's acceptance of crypto donations. MAGA Inc. will use the funds to support Trump-aligned candidates and promote an "America First" agenda, highlighting the crypto industry's active role in shaping future regulations. A strategic partnership between Crypto.com and Trump Media & Technology Group further deepens these political ties.

The two major Companies Gemini and Crypto.com’s Foris Dax, have donated $21 million to a pro-MAGA Inc. and Super PAC that supports Donald Trump ahead of the 2026 U.S. midterm elections. This shows that the Crypto companies are not just for investment or Trading instead, it is actively involved in the U.S Politics.

Gemini Donated $1.5 million using the USDC stablecoins, which were later converted into Cash. The Forix Dax has donated $20 million, which is sent through two large payments of $10 million each. After these donations in late December 2025, MAGA Inc. now reportedly holds nearly $300 million for political campaigning. Other than these two, Shift4 donated $1 million, and JP morgan chase donated more than $4 million. Together, these made the Crypto firms one of the largest Donor Groups in the 2026 Election Cycle.

How Stablecoin Rules and Strategic Partnerships Are Pulling Crypto Into Politics

These donations have increased after Trump signed the GENIUS ACT for the stablecoin regulations and cleared Crypto laws. In 2024, Trump’s Campaign began accepting Crypto Donations. This made Trump more attractive to Crypto firms looking for the Regulatory Act, and many see this as a major win and strengthening support for Trump-aligned Politics.

MAGA Inc. has clearly stated that the funds will be used to support Political candidates aligned with Donald Trump and to promote the “America First” Political Agenda. These midterm elections matter a lot because they will decide who controls Congress, which directly affects Crypto laws and Regulations.

Crypto.com is also partnered with the Trump Media and Technology Group. The deal between them includes the Crypto rewards on Truth Social, the use of the Crypto.com wallets, and the Integration of the Cronos (CRO) Tokens. The new Entity Trump Media Group CRO Strategy Inc., aims to become a Public Digital Asset Company focused on CRO.

This shows that the Crypto is no longer just a tech; it is now deeply involved in U.S. Politics and spending big to shape laws that affect its future. Other than crypto firms, other fast-growing sectors like AI and Cannabis also donate large sums to political groups, but crypto plays a major role.

Highlighted Crypto News:

Bitcoin (BTC) Reloads Its Bullish Streak: How Close Is It to Cracking $95K?

Perguntas relacionadas

QWhich two major crypto companies donated a total of $21 million to the pro-Trump Super PAC MAGA Inc.?

AGemini and Crypto.com's Foris Dax donated a total of $21 million to MAGA Inc.

QWhat was the amount donated by Gemini and how was it sent?

AGemini donated $1.5 million using the USDC stablecoins, which were later converted into cash.

QWhat significant legislative action by Donald Trump is cited as a reason for increased crypto donations to his aligned causes?

AThe increase in donations followed after Trump signed the GENIUS ACT for stablecoin regulations and cleared crypto laws.

QWhat is the stated purpose of MAGA Inc. for using the donated funds?

AMAGA Inc. stated the funds will be used to support political candidates aligned with Donald Trump and to promote the 'America First' political agenda.

QBesides the crypto donations, what other business partnership exists between Crypto.com and a Trump-associated entity?

ACrypto.com is partnered with the Trump Media and Technology Group, which includes crypto rewards on Truth Social and the integration of Cronos (CRO) Tokens.

Leituras Relacionadas

Up Over 130% in a Month, Steadily Among Top Ethereum Blob Consumers—How Real is World Chain's Growth?

World Chain, the Layer-2 blockchain developed by the Worldcoin project, has demonstrated significant recent growth despite a generally competitive and challenging L2 landscape. Its native token, WLD, surged over 130% in a month, driven by institutional holdings (notably from Eightco Holdings), increased trading activity from promotional campaigns, and a key upcoming reduction in daily token unlocks starting July 2026. Concurrently, World Chain's on-chain activity soared, with active addresses growing nearly 650% in 30 days and its Total Value Secured (TVS) surpassing $610 million, primarily from bridge inflows. However, its decentralized finance (DeFi) ecosystem remains nascent, with a total value locked (TVL) of only ~$40 million largely concentrated in a single protocol. A standout metric is World Chain's high data usage: it has become the second-largest consumer of Ethereum Blobs (data storage units), trailing only Base. This indicates substantial real-user transaction demand, likely fueled by Worldcoin's identity verification and reward distribution activities on its dedicated chain. While its current growth is fueled by token momentum and bridge capital, World Chain's long-term success depends on converting this activity into a sustainable, diverse on-chain economy.

marsbitHá 14m

Up Over 130% in a Month, Steadily Among Top Ethereum Blob Consumers—How Real is World Chain's Growth?

marsbitHá 14m

Why Does 'AGI Godfather' Ben Goertzel Believe the Future of AI Relies on Blockchain?

Ben Goertzel, known as the "AGI Godfather," argues that the future of Artificial General Intelligence (AGI) must be built on blockchain to prevent its control by a few corporations or venture capital firms. He believes the core AGI code should be free and open-source, but that this alone is insufficient without a decentralized infrastructure to run it affordably. His blockchain project, SingularityNET, and the broader Artificial Superintelligence Alliance aim to create a user-owned, decentralized network for hosting and deploying AGI, contrasting with the closed models of companies like OpenAI and Anthropic. Goertzel criticizes the shift of other labs from open to closed development. He argues that while a closed path is simpler, an open, decentralized model—akin to Linux and the internet—is both possible and ultimately better for humanity. He envisions an "Agent economy" where individuals orchestrate teams of AI agents to perform tasks, including transactions, on an open network rather than corporate clouds. While his current model relies on cryptocurrency, plans include offering paid AI services to businesses with the decentralized blockchain as the backend. Goertzel predicts human-level AGI could arrive by 2029 and warns that a gap in understanding and access to AGI could drastically worsen inequality. The first test of his decentralized approach will be the upcoming release of the Agent Omega Claw.

Foresight NewsHá 23m

Why Does 'AGI Godfather' Ben Goertzel Believe the Future of AI Relies on Blockchain?

Foresight NewsHá 23m

A Company Once on the Verge of Collapse Now Has a Market Cap Surpassing Bitcoin

"Once nearly bankrupt, SK Hynix now surpasses Bitcoin in market cap." On June 22, SK Hynix's market value reached $1.35 trillion, exceeding Bitcoin's $1.29 trillion, driven by soaring demand for its High-Bandwidth Memory (HBM), a critical component for AI training. As NVIDIA's primary HBM supplier with over 60% market share, the company reported a 72% operating profit margin in Q1. Its remarkable turnaround stems from a 13-year bet on HBM technology, initiated in 2009 and rescued by SK Group's acquisition in 2012. The company plans a Nasdaq listing, potentially attracting more institutional capital. This milestone highlights a market preference for tangible AI infrastructure assets—like HBM with its physical scarcity and verifiable revenue—over narrative-driven crypto-AI projects, which remain in early developmental stages and lack comparable proof of scalable demand or economic models. The capital shift underscores the premium placed on real-world supply constraints and profitability in the current AI boom.

marsbitHá 30m

A Company Once on the Verge of Collapse Now Has a Market Cap Surpassing Bitcoin

marsbitHá 30m

A Company Once on the Brink of Bankruptcy Just Surpassed Bitcoin in Market Cap

On June 22nd, driven by rising stock prices, SK Hynix’s market capitalization reached $1.35 trillion, surpassing Bitcoin's total market cap of approximately $1.29 trillion. This temporarily made it South Korea's highest-valued company. The core driver of this surge is HBM (High Bandwidth Memory), for which SK Hynix is the primary supplier to NVIDIA, holding over 60% market share. AI's demand for high memory bandwidth has translated into immense profitability, with SK Hynix reporting a 72% operating profit margin in Q1. The company's success follows a 13-year bet on HBM technology, beginning in 2009. It nearly failed after the 2001 dot-com bubble, was acquired by SK Group in 2012, and was subsequently recapitalized to continue its long-term HBM development. The article contrasts this with the Crypto AI narrative. Capital currently favors AI infrastructure players like SK Hynix due to "real orders, physical barriers, and quantifiable profit margins." In comparison, Crypto AI projects, promising decentralized compute and data markets, remain largely conceptual with limited tangible progress. Examples include Bittensor, whose core mechanisms are still under development, and Bitcoin miners transitioning to AI, who face significant funding gaps and execution challenges. The piece cites analysis suggesting the AI sector has absorbed nearly all new market liquidity since 2022, leaving little for crypto. It concludes that the current AI infrastructure红利 is captured by entities with proven technical barriers and supply capabilities, while crypto networks still need to define their concrete role in the value chain.

链捕手Há 1h

A Company Once on the Brink of Bankruptcy Just Surpassed Bitcoin in Market Cap

链捕手Há 1h

Bittensor Moves Towards Ultimate Decentralization: The Critical 18 Months for the TAO Ecosystem is Here?

Bittensor, a decentralized AI protocol, is accelerating its transition to full decentralization over the next 18 months, as outlined in a recent post by co-founder Const. The project currently operates in a "semi-decentralized" state: ownership and network participation are open and permissionless, with TAO distribution based on competitive contribution. However, protocol upgrades and governance have remained under core team control to enable rapid iteration in the fast-evolving AI sector. This strategic shift comes as the ecosystem matures, boasting 128 subnets and a large community. Const argues that continued centralization now poses risks, including single points of failure and regulatory scrutiny. The upcoming decentralization roadmap includes optimizing validator competition, opening liquidity pools, introducing governance rights for Alpha holders, and refining economic models. The move could fundamentally reshape TAO's value proposition, adding governance premiums to its existing valuation based on AI narrative and scarcity. It also signals a potential maturation of the AI crypto sector, where competition may shift from hype to sustainable protocol design and real economic activity. Bittensor positions itself not just as another AI token, but as foundational infrastructure aiming to decentralize intelligence production—analogous to Bitcoin's role in decentralizing money—with the goal of creating a resilient "Millennium Intelligence Federation."

marsbitHá 1h

Bittensor Moves Towards Ultimate Decentralization: The Critical 18 Months for the TAO Ecosystem is Here?