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Trump Campaign's Crypto Donations Amounted to $3M of $331M Raised Last Quarter: WSJ
Roughly 100 people contributed crypto the campaign, including high-profile industry players like the Winklevoss twins and Kraken's Jesse Powell.
Updated Jul 16, 2024, 2:26 p.m. Published Jul 16, 2024, 2:10 p.m.
Former U.S. President Donald Trump's campaign raised $3 million in crypto last quarter, much of it in bitcoin and ether , according to the Wall Street Journal.
Newly released campaign finance data indicates the Republican nominee's recent embrace of crypto helped woo big contributions from some of the industry's major players, including the Winklevoss twins (whose Gemini exchange helps process donations) and Kraken co-founder Jesse Powell.
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Around 100 people donated crypto to his campaign between May and the end of June, per the Journal, highlighting a niche appeal. Far more people contributed to his campaign in more traditional forms, via credit cards and the like. The Trump campaign raised $331 in the second quarter.
While relatively small in size the crypto donations have had outsize media impact in bolstering Trump's crypto credentials. He's positioned himself as friendly to the industry and eager to make U.S. regulations more welcoming. That's helped turn some vocal supporters onto his campaign.
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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