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Crypto Lobbying Reaches Trump’s Table: Ripple’s $5M XRP Bet


by Abdulkarim Abdulwahab
for CoinEdition
Ripple Paid $5 Million to Have Dinner with Donald Trump, Cardano Founder Reveals
  • Ripple’s $5 million donation to Trump’s inaugural committee secured a private dinner with the president-elect.
  • Cardano founder Charles Hoskinson emphasizes the need for bipartisan policy change over high-profile engagements.
  • Ripple’s financial support for Trump aligns with its efforts to influence crypto regulation

Ripple secured a dinner with President Donald Trump before his inauguration, with Cardano founder Charles Hoskinson revealing the company’s substantial financial investment to obtain this opportunity.

Hoskinson, who chose not to attend Trump’s inauguration, made the comment following Ripple’s $5 million XRP pledge to Trump’s inaugural committee in December, followed by a dinner on Tuesday night.

Hoskinson Prioritizes Hydra Doom Tournament 

The topic surfaced when USDM CEO Jillian Plomin posted an X poll about attending the Hydra Doom tournament in Las Vegas, jokingly asking about dress code.

Charles Hoskinson chimed in, saying, “I mean, I am skipping the presidential inauguration for it…” Meanwhile, an X user asked if his absence was due to not being invited. 

Hoskinson clarified that he would send a team of ten to the event…

The post Crypto Lobbying Reaches Trump’s Table: Ripple’s $5M XRP Bet appeared first on Coin Edition.

Read the article at CoinEdition

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Crypto Lobbying Reaches Trump’s Table: Ripple’s $5M XRP Bet


by Abdulkarim Abdulwahab
for CoinEdition
Ripple Paid $5 Million to Have Dinner with Donald Trump, Cardano Founder Reveals
  • Ripple’s $5 million donation to Trump’s inaugural committee secured a private dinner with the president-elect.
  • Cardano founder Charles Hoskinson emphasizes the need for bipartisan policy change over high-profile engagements.
  • Ripple’s financial support for Trump aligns with its efforts to influence crypto regulation

Ripple secured a dinner with President Donald Trump before his inauguration, with Cardano founder Charles Hoskinson revealing the company’s substantial financial investment to obtain this opportunity.

Hoskinson, who chose not to attend Trump’s inauguration, made the comment following Ripple’s $5 million XRP pledge to Trump’s inaugural committee in December, followed by a dinner on Tuesday night.

Hoskinson Prioritizes Hydra Doom Tournament 

The topic surfaced when USDM CEO Jillian Plomin posted an X poll about attending the Hydra Doom tournament in Las Vegas, jokingly asking about dress code.

Charles Hoskinson chimed in, saying, “I mean, I am skipping the presidential inauguration for it…” Meanwhile, an X user asked if his absence was due to not being invited. 

Hoskinson clarified that he would send a team of ten to the event…

The post Crypto Lobbying Reaches Trump’s Table: Ripple’s $5M XRP Bet appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Pops Over $124K, Nearing Historic Peak After $3.2B in Spot BTC Inflows

Bitcoin Pops Over $124K, Nearing Historic Peak After $3.2B in Spot BTC Inflows

The U.S.-listed spot ETFs registered a net inflow of $3.24 billion in the week ended ...
XRP Gains 3% as SBI Lending and ETF Catalyst Drive Flows

XRP Gains 3% as SBI Lending and ETF Catalyst Drive Flows

Seven XRP ETF applications remain under SEC review, with the first decisions expected...