Jesse Powell, the co-founder of Kraken, has announced on X (formerly known as Twitter) that he has personally donated $1 million, primarily in Ether, to Donald Trump’s 2024 presidential campaign.
Powell highlighted his support for Trump as the only major party candidate currently advocating for pro-crypto policies.
“I am excited to join other leaders from our community to unite behind the only pro-crypto major party candidate in the 2024 Presidential election so the United States can continue to remain a leader in blockchain technology,” Powell stated.
This significant donation underscores the increasing intersection of cryptocurrency advocacy and political campaigns, reflecting the broader community’s concerns about regulatory crackdowns and the future of blockchain innovation in the United States.
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