May 9, 2025

Kraken Co-Founder Donates $1 Million in Ether to Trump’s 2024 Campaign, Cites Pro-Crypto Policies

1 min read

Jesse Powell, the co-founder of Kraken, announced on X that he has donated $1 million, primarily in Ether, to Donald Trump’s 2024 presidential campaign. Powell expressed his support for Trump, highlighting him as the sole major party candidate advocating for pro-crypto policies. “I am excited to join other leaders from our community to unite behind the only pro-crypto major party candidate in the 2024 Presidential election so the United States can continue to remain a leader in blockchain technology.” In his post, Powell criticized President Joe Biden’s regulatory approach to the crypto industry and accused officials such as Senator Elizabeth

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