Ripple Joins Corporate Donors Supporting Trump's $300M White House Ballroom Initiative
AI Summary1 min read
TL;DR
Ripple supports a $300M White House Ballroom Initiative to expand diplomatic event capacity, joining tech and defense firms. This reflects crypto sector's political push for regulatory clarity on token classification.
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Ripple has joined a list of corporate donors supporting a privately funded $300M White House Ballroom Initiative, expanding diplomatic event capacity at the presidential complex. The donor list includes major tech and defense firms, with crypto-linked companies seeking regulatory clarity. Ripple's participation signals deeper political engagement from the sector, as Congress reviews the fundraising route. The initiative aims to secure consistent treatment for token classification and market compliance.