Crypto exchange Kraken announced yesterday a $2 million donation to a pro-Trump Political Action Committee (PAC) as part of what the company sees as “a fight for the fundamental rights of individuals in the digital age.” A look back at support that is as political as it is financial.
Kraken wants to support the cryptocurrency made in the US
Kraken co-CEO Arjun Sethi has therefore stated that he is committing $1 million to the Freedom Fund PAC. He also said he would increase his 2025 commitment to the pro-Trump group America First Digital to $1 million.
In a statement on X, Sethi stressed that the “fight for crypto in the U.S. is far from over.” He warned of threats to crypto’s fundamentals, including “regulatory uncertainty,” “attempts to criminalize infrastructure,” and “bans on privacy tools.” These questions, he said, raise “constitutional questions about how financial freedom fits into a free society.”
He also linked the origins of Bitcoin to “a peaceful revolution,” pointing out that the cryptocurrency’s ideals are “the right to self-determination” and “extensions of the Bill of Rights, rendered in code.”
America First Digital, the Kraken-backed group, is led by Jason Thielman, former executive director of the Republican National Senate Committee, and Kristin Walker, former chief of staff to Senator Cynthia Lummis. This group works to support pro-crypto candidates and promote industry-friendly legislation.
The fight for crypto in the United States is far from over.
That is why Kraken is donating $1 million to @FreedomFundPAC and increasing our 2025 commitment to @a1stdigital to $1 million.
Congress has made real progress. Market structure bills are advancing. The tone in…
— Arjun Sethi (@arjunsethi) September 23, 2025
The sector has become a political issue in the United States
With this donation, Kraken wants to support the right to personal custody of digital assets, the construction of permissionless decentralized systems, the rejection of surveillance-based finance, and access to an open and composable infrastructure.
The announcement received immediate support from figures in the crypto industry, including Gemini co-founder Tyler Winklevoss, who praised Kraken’s participation on social network X.
The Winklevoss twins had themselves contributed $21 million in Bitcoin last month to launch the Digital Freedom Fund, another PAC to support pro-crypto candidates.
Crypto has become a prominent political issue in the United States, with companies like Kraken and industry figures actively supporting pro-crypto candidates and pushing for favorable legislation. And it is clear that it works.
