News View Non-AMP

XRP News: Ripple Donates $5 Million in XRP to Trump’s Inaugural Fund

Published by
Anjali Belgaumkar

Ripple has pledged $5 million in XRP to President-elect Donald Trump’s inauguration fund. Ripple’s CEO, Brad Garlinghouse, has already had a private meeting with President Trump, which caused a major movement in the market, especially for the XRP price.

In addition to Ripple, Coinbase CEO Brian Armstrong and his company donated $1 million to President Trump’s inauguration. Now, global trading platform Kraken and tokenized DeFi project Ondo Finance have also contributed US $1 million each.  Donors will be invited to a Sunday service, an inaugural ball, and even have the chance to meet members of Trump’s cabinet.

The main reason behind these donations is the need for clearer rules in the cryptocurrency industry. Trump’s business-friendly approach and promise to ease regulations make him an important figure for the crypto world.

What’s Next For Ripple?

Ripple’s involvement in significant events like this, coupled with its partnerships with institutions like Bitstamp and its ongoing efforts in the global market, solidifies its place as a leading player in the crypto world.

Ripple’s engagement with key U.S. officials is becoming more visible. In addition to this donation, Ripple has had multiple meetings with the Federal Reserve and other major financial players. The company is positioning itself as a leader in the blockchain and cryptocurrency space, with XRP as its flagship asset. The donation could also signal Ripple’s strategy to increase its visibility and influence as cryptocurrencies continue to evolve in the U.S.

While the market may experience volatility, the underlying fundamentals for XRP and Ripple remain strong. The push for tax-free crypto payments and the growing integration of blockchain in global financial systems suggest that XRP’s potential is just beginning to be realized.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Breaking: Arizona Passes Strategic Bitcoin Reserve Bill in the House and Senate

The push for the Arizona Governor, Katie Hobbs, to sign the SBR has already begun. …

April 29, 2025

Cardano Price Forecast: Here is What Historical Data Reveals

Several technical indicators suggest the YTD correction for ADA price has already hit the bottom.…

April 29, 2025

XRP Price Prediction 2025: XRP Price Testing Key Range, Breakout Could Reach New ATH at $10

XRP price is referred to as a sleeping giant, as the crypto has demonstrated some…

April 29, 2025

Chainlink Price Analysis: $10 or $19 Next for LINK?

Chainlink price failed to breach a crucial resistance level above $15 in the recent mild…

April 28, 2025

Dogecoin Price Prediction 2025, 2026 – 2030: Will DOGE Price Hit $1?

Story Highlights The price of Dogecoin today is . Dogecoin price may reach a maximum…

April 28, 2025

Cardano Price Prediction 2025, 2026 – 2030: Will ADA Price Hit $2?

Story Highlights The live price of the Cardano token is . ADA coin price could…

April 28, 2025