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Crypto Heavyweights Among Those Bankrolling Trump's $300M White House Ballroom

The White House has released a donor list for Trump’s gilded state ballroom.
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Oct 24, 20251 min read

The White House has released a full list of corporate and individual donors backing President Donald Trump’s privately funded $300M ballroom project, revealing the deep ties between America's corporates and the Trump admininstration.

What's the Scoop?

  • Crypto Donor Support: Coinbase, Ripple, Tether, and Gemini’s Tyler and Cameron Winklevoss are funding construction of a 90k square-foot ballroom on the White House’s eastern side.
  • Built by Big Industry: Also among donors are tobacco giants Altria and Reynolds; defense tycoons Lockheed and Palantir; and tech mega caps Apple, Amazon, Google, Meta, and Microsoft. The unique coalition highlights the litany of companies that have financially benefited from Trump’s agenda of industry deregulation, digital asset expansion, and unrestrained global conflict.
  • Influence On Sale: Earlier this week, Donald Trump pardoned Binance co-founder Changpeng Zhao, who helped fund global terror and crime networks by willfully failing to implement proper anti-money laundering controls. The pardon came just months after Binance began holding $2B of World Liberty Financial's USD1, an investment that will produce tens of millions of dollars in annual interest income for the Trump family.

Bankless Take:

At no time in American history has the convergence between money and politics been so literal. While Trump applauded his ballroom for being built without the use of public funds, its list of corporate backers showcases the deep ties between Trump and companies whose economic fates he previously meddled.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

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