Trump's Midterm Fundraising Hits Historic Levels
According to a recent report by the Financial Times, Donald Trump and his allies raised a historic $429 million in the year leading up to the midterm elections, setting a new record for campaign funding in a midterm cycle.
Notably, a significant portion of this funding came from entrepreneurs and companies within the cryptocurrency and artificial intelligence sectors, indicating growing investor optimism about the potential for Trump to champion policies favorable to technological and financial innovation.
Crypto Leaders Step Up Support
- Crypto.com made the largest known individual contribution with a $30 million donation to Maga Inc.
- The platform had previously faced scrutiny from the SEC, but the investigation was concluded in 2025.
- Prominent venture capitalists Marc Andreessen and Ben Horowitz each donated $3 million.
- Greg Brockman, co-founder of OpenAI, and his spouse together contributed $25 million.
These donors believe that a Trump-led administration could pave the way for more innovation-friendly regulations in blockchain and AI industries.