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Fortune
Fortune
Ben Weiss

Crypto firms gave $18M to Trump’s inauguration. Ripple’s $4.9M gift was second biggest overall

(Credit: Chip Somodevilla—Getty Images)

President Donald Trump had the most lavish inauguration week in history, thanks to a record $239 million in donations from corporate supporters and executives, according to a Sunday filing with the Federal Election Commission. A hefty portion came from the crypto industry, which has been one of Trump’s most vocal supporters: Crypto firms and their leaders gave $18 million in inauguration donations to the 47th president. Other big donors include oil companies like Exxon Mobil, big tech firms like Google, and a lobby group for the U.S. vaping industry.

Ripple Labs, which has battled the Securities and Exchange Commission in a long-running court case, led the pack with almost $4.9 million. Ripple’s donation was the second largest among all donors. Pilgrim’s, one of the world’s largest poultry producers, gave the most with its $5 million donation.

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