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Crypto Leaders Rally Behind Trump for 2024 Elections

11/12/2025

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Story summary
  • Ryan Selkis, a cryptocurrency executive, spoke at a Mar-a-Lago event hosted by U.S. President Donald Trump, highlighting the political power of 50 million crypto holders.
  • The cryptocurrency industry is mobilizing for the 2024 elections, with three firms investing $150 million in super PACs to back pro-crypto congressional candidates.
  • The PACs will not engage in the presidential election, while crypto leaders back Trump, who has shown support for digital currencies.