A list of well-known donors in the encryption industry who support the Trump campaign

Original author: Weilin, PANews

Recently, two major fundraising channels for Trump, the Super PACs Trump 47 Committee and America PAC, have submitted disclosure documents to the Federal Election Commission (FEC) revealing donations from leaders in the long industry or encryption supporters.

Data shows that from April 1 to June 30, the Winklevoss brothers, Cameron Winklevoss and Tyler Winklevoss, have donated the most to support Trump, with donations exceeding 2.5 million US dollars. Sequoia Capital partner Douglas Leone and former PayPal executive, co-founder of Kraken, and others follow.

As the U.S. presidential election approaches, Trump’s fundraising is also underway in a tense manner. PANews has taken stock of the prominent donors in the encryption industry who support Trump’s campaign based on publicly disclosed information.

The Winklevoss Brothers (Cameron Winklevoss, Tyler Winklevoss)

FEC’s records show that the Winklevoss brothers, founders of encryptionexchange Gemini and Winklevoss Capital Management, have donated $2.027 million to support Trump’s Trump 47 Committee in the form of BTC, but $310,800 will be returned due to federal individual donation limits.

In addition, the Winklevoss brothers have each donated $250,000 to America PAC.

Douglas Leone, Partner at Sequoia Capital

Doug Leone led venture capital firm Sequoia Capital as managing partner from 1996 to 2022. He resigned from the position in 2022 but still serves as a general partner. During his tenure, Leone led Sequoia Capital in technology investments including Medallia, Rackspace, RingCentral, ServiceNow, and Nubank.

On June 4th, he said, ‘I am increasingly concerned about the overall direction of our country, the broken immigration system, the ever-expanding deficit, and foreign policy mistakes. Therefore, I support former President Trump in the upcoming election.’

On June 14th, he donated $1 million to America PAC.

Former Tesla board member, Valor Equity partner and CEO Antonio Gracias

Antonio is the founder, CEO, and CIO of Valor. Antonio founded Valor in 1995. He has over 25 years of experience in the private sale equity investment field. Antonio served as a director of TSL from 2007 to 2021.

On June 28, he donated $1 million to America PAC.

Co-founder of Palantir Technologies, Joe Lonsdale

Joe Lonsdale is the founder and managing partner of 8 VC, an early-stage venture capital firm that manages over $6 billion in capital. In 2003, he founded Palantir Technologies (NYSE: PLTR), a global software company known for its support of U.S. defense and intelligence work and its allies.

Lonsdale previously stated that the combination of artificial intelligence and cryptocurrency could be beneficial to both industries, indicating that BTC, Ethereum, and Solana will benefit from it. On June 7, he donated 1 million dollars to America PAC.

VC company Founders Fund’s co-founder Kenneth Howery

Kenneth Howery is an American entrepreneur and diplomat. He is a co-founder of PayPal and Founders Fund. From 2019 to 2021, he served as the U.S. Ambassador to Sweden under the leadership of Trump.

This time, on June 20 and June 21, he donated $1 million to America PAC.

encryptionexchange Kraken’s co-founder Jesse Powell

The co-founder of Kraken, Jesse Powell, has been involved in Digital Money since 2001, before becoming an encryption OG, he was the founder and CEO of Lewt, which provided account management and in-game currency services for Diablo 2 players from 2001 to 2011. In addition, he is also the founder of Verge Gallery. Shortly after the emergence of BTC, Powell, with a background in philosophy and a belief in liberalism, quickly became a staunch supporter of Cryptocurrency. He founded Kraken in 2011.

On June 28th, he stated in a post on X: “I am very pleased to unite with other community leaders to support the only major political party candidate who supports Cryptocurrency in the 2024 presidential election, so that the United States can continue to maintain its leading position in blockchain technology.” On June 28th, he donated ETH worth 845,000 dollars.

Shaun Maguire, an investor at Sequoia Capital

Shaun Maguire is a partner at Sequoia Capital. Previously, he co-founded Expanse, which was acquired by Palo Alto Networks for $800 million. He was also a partner at GV before.

On May 31, Shaun Maguire announced within minutes of the verdict of the Trump hush money case being declared “guilty” that he would donate $300,000 to Trump, citing an unfair trial. Maguire posted a long article on X outlining a series of reasons for supporting Trump, including the Biden administration’s handling of the withdrawal of troops from Afghanistan and its “weakness” in the Middle East.

Maguire added that various legal actions against Trump are also “radicalized experiences.” “President Trump is indeed likely to be convicted of a felony and sent to prison,” he wrote. “Frankly, that’s part of the reason I support him. I believe our justice system is being weaponized against him.”

Later, on June 18th, he donated $500,000 to America PAC.

Ripple Chief Legal Officer Stuart Alderoty

Stuart Alderoty is the Chief Legal Officer of Ripple, responsible for overseeing the legal, Compliance, and regulatory business units. Stuart has over 30 years of legal experience and expertise in Financial Service and regulatory affairs.

On June 11, Stuart Alderoty donated $300,000 to the Trump 47 Committee in the form of XRP.

BitGo’s CEO Michael Belshe

Mike Belshe is an American computer scientist and entrepreneur. He is the co-founder and CEO of BitGo, Inc., and also a co-founder of Lookout Software in 2004. He is a co-inventor of the SPDY protocol and one of the main authors of the HTTP/2.0 specification.

On June 4, he donated 50,000 US dollars to the Trump 47 Committee in BTC form.

Messari CEO Ryan Selkis

Ryan Selkis is the founder and CEO of Messari, as well as a founding member of Digital Currency Group and CoinDesk. Ryan Selkis is also involved in venture capital and angel investment.

On May 8th, Ryan was invited to speak at the Non-fungible Token dinner hosted by Trump. On June 3rd, Ryan donated $50,000 worth of USDC to the Trump 47 Committee.

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