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A campaign fund of this size makes crypto one of the most influential players this election cycle. 

Former President Donald “Trump’s acceptance and embrace of crypto is in stark contrast with the overwhelmingly regressive approach to crypto taken by the Biden administration and the wider Democratic Party, which has constantly attacked the industry, in most cases unfairly,” Edward Wilson, an analyst at the blockchain company Nansen, told The Post.
“It is likely that the issue of crypto will influence and may even swing the election. That’s because many US-based crypto supporters place crypto as a key issue for them and are fed up with the approach of going after good actors in the space, like Coinbase and Uniswap, while also preventing access to products and airdrops, while other countries thrive, taking the industry offshore with them. Based on this, it is likely that the Republicans will receive significantly more in crypto donations — but how much is hard to determine — than the Democrats.”