Two cryptocurrency trading platforms have donated a total of over $21 million to the Super Political Action Committee MAGA Inc., which supports U.S. President Donald Trump. According to the latest disclosures from the Federal Election Commission (FEC), Gemini donated 1.5 million USDC after settlement, while Foris Dax, the parent company of Crypto.com, made two cash donations of $10 million each. The PAC currently has approximately $294 million in available funds. Although Trump is not running in the 2026 elections, the funds will be used for the midterm elections to influence control of Congress.
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Two cryptocurrency trading platforms have donated a total of over $21 million to the Super Political Action Committee MAGA Inc., which supports U.S. President Donald Trump. According to the latest disclosures from the Federal Election Commission (FEC), Gemini donated 1.5 million USDC after settlement, while Foris Dax, the parent company of Crypto.com, made two cash donations of $10 million each. The PAC currently has approximately $294 million in available funds. Although Trump is not running in the 2026 elections, the funds will be used for the midterm elections to influence control of Congress.