- The Crypto Ball marks a key moment for crypto and U.S. government relations.
- Major crypto firms like MicroStrategy and Coinbase are sponsoring the event.
- Trump’s administration plans policies to support the growth of the crypto industry.
The crypto industry is gearing up for the Crypto Ball 2025 in Washington, DC, hosted by David Sacks, the newly appointed AI and Crypto Czar. The event coincides with Donald Trump’s inauguration, marking a milestone in the relationship between the crypto sector and U.S. government policies.
According to Fox Business reporter Eleanor Terret, Sacks shared on X that the Crypto Ball will feature a VIP reception hosted by Trump’s super PAC, MAGA Inc. Tickets are priced at $100,000 each, with a premium package of four tickets for $1 million, which includes a private dinner with Trump. However, sources confirm that Trump will not attend the main event.
Charles Hoskinson, co-founder of Cardano, has confirmed his attendance, highlighting the event’s importance within the crypto industry.
Major Crypto Firms Back the Event
Leading companies like MicroStrategy, Coinbase, MetaMask, Marathon Digital, and Galaxy Digital are sponsoring the Crypto Ball. Marathon Digital’s CEO, Fred Thiel, expressed pride in supporting the event, describing Bitcoin as a symbol of America’s future leadership in economic growth and innovation.
Trump Administration’s Crypto Vision
The Crypto Ball also highlights the Trump administration’s commitment to fostering crypto industry growth. Policies under consideration include establishing a national Bitcoin reserve, easing access to banking for crypto firms, and forming a dedicated crypto council.
Read also: Crypto Market Prepares for a Bull Run Under Trump’s Presidency
Brian Hughes, a spokesperson for Trump’s transition team, confirmed the administration’s focus on ensuring the U.S. leads in blockchain innovation.
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