Tyler and Cameron Winklevoss, the founders of the cryptocurrency exchange Gemini, announced a donation of $21 million in Bitcoin to the Digital Freedom Fund PAC today. This donation supports President Donald Trump’s goal to make the United States the global leader in cryptocurrency. The twins’ donation shows their strong support for Trump’s efforts to promote digital assets.
Winklevoss Twins Donate $21M in Bitcoin
The Winklevoss twins made a significant financial investment because they firmly believe in Trump’s goal to create a crypto-friendly America. They want to support candidates who back a Bitcoin Bill of Rights, which aims to protect crypto users’ rights.
The Winklevoss twins oppose central bank digital currencies (CBDCs) because they believe these currencies threaten Bitcoin’s decentralized nature. Tyler Winklevoss has criticized the Biden administration’s regulations, saying these rules have hindered innovation by the Securities and Exchange Commission (SEC).
The twins believe that Trump’s policies are essential for encouraging blockchain innovation and boosting economic growth in the country. This donation aims to shape U.S. cryptocurrency policy and create rules that support innovation.
A History of Political Support
The recent donation from the Gemini exchange founders is vital because it strengthens their connection with Trump. Recall that in July 2024, the brothers made a $2 million Bitcoin donation to Trump’s election campaign, which went over federal limits and was partly refunded. They also invested in the American Bitcoin Corp., a mining company linked to the Trump family.
The twins participated in a major White House crypto summit in March 2025. Their political influence even extended to delaying a vote on a nominee for the Commodity Futures Trading Commission (CFTC), showing their power in shaping crypto regulations.
The Winklevoss twins support Trump’s political goals and donated $5 million to the Fairshake PAC, making them key figures in the crypto-political landscape. They join other crypto leaders like entrepreneur Gary Cardone and Kraken co-founder Jesse Powell, who also contribute to pro-crypto political action committees and candidates.
As the use of virtual assets in the 2024 election reveals, the link between politics and crypto continues to grow. Recent investments, like those in American Bitcoin Corp., highlight how these two areas are evolving together.
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