Cameron and Tyler Winklevoss, the founders of Gemini, have made a landmark political donation of over 188 Bitcoin, valued at approximately $21 million, to the Digital Freedom Fund PAC. This contribution, one of the largest in crypto history, is intended to support US President Donald Trump's pro-crypto policies and help secure a Republican majority in the 2026 midterm elections.
The donation aims to advance key crypto initiatives, including market structure reform and a tax exemption for small crypto transactions. This is not the twins' first time supporting Trump; they previously donated to his 2024 campaign and the Fairshake PAC, which backs pro-crypto candidates. Their political support has led to increased visibility, including invitations to Trump's inauguration and a White House crypto summit. Trump publicly acknowledged their support during the signing of the GENIUS Act on stablecoins.
The Winklevosses also have financial ties to the administration through their investment in American Bitcoin, a mining company linked to the Trump family. However, they recently disagreed with the administration's agenda by urging Trump to reconsider the nomination of Brian Quintenz as chair of the Commodity Futures Trading Commission, a move that led to a delay in his confirmation.
August 2025, Cryptoniteuae