The cryptocurrency sector contributed approximately $18 million to support Donald Trump's inauguration, with Ripple Labs being one of the top donors.
Ripple Labs donated nearly $4.9 million, making it the second-largest donor overall.
Other significant contributors from the crypto industry included Robinhood, Coinbase, Kraken, Crypto.com, Circle, and Paradigm.
Under President Trump, the crypto sector found a favorable ally, while the Biden administration has taken a stricter stance on cryptocurrency regulation.