Investment firm Multicoin Capital promises to match SOL up to $1 million to back crypto friendly candidates

Crypto and blockchain investment firm Multicoin Capital is donating up to $1 million to support pro-crypto Republican lawmakers.

"We’re doing this because we realize that political engagement matters, and it starts with supporting the candidates who believe America needs to remain free for innovation," said Kyle Samani, managing partner at MultiCoin Capital, in a post on X on Friday. "By making contributions, we’re giving @sentinelaction the tools to increase the number of pro-crypto senators like @BillHagertyTN — an innovator who understands and speaks our language.

Other crypto industry folks have donated to candidates over the past few months. Cameron and Tyler Winklevoss donated $2 million worth of bitcoin to former President Donald Trump last month, while Kraken founder Jesse Powell donated $1 million to Trump. Millions have also flooded to other PACs, including super PAC Fairshake.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Pantera Capital is raising funds for second TON token investmentPantera Capital is raising money to invest specifically in the Toncoin (TON) token, doubling down on its prior bet on the token.
Herkunft: TheBlock__ - 🏆 464. / 53 Weiterlesen »