Home Crypto community hosts inaugural ball supporting Trump’s policies in DC

Crypto community hosts inaugural ball supporting Trump’s policies in DC

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  • The "Inaugural Crypto Ball" celebrates Trump’s pro-crypto stance on Jan. 17 in Washington, DC.
  • Sponsors include Coinbase, MicroStrategy, and Solana, signaling crypto industry support.
  • Trump plans executive orders and key appointments to foster a pro-crypto US government.

The crypto community is rallying in a big way to show its support for President-elect Donald Trump. On Friday, (Jan. 17), the “Inaugural Crypto Ball” will be held at the Andrew W. Mellon Auditorium in Washington, DC. The fancy black-tie affair celebrates Trump’s pro-crypto stance and signifies what could be a major shift in the US government’s approach to digital currencies.

Although Trump isn’t expected to make an appearance, his appointed AI and Crypto Czar, David Sacks, will be hosting the ball. The event is already generating a lot of buzz, with Gold tickets priced at $2,500, selling out quickly. If you’re still looking to attend, there are $5,000 Black tickets available, along with ultra-exclusive VIP packages going for $100,000 or even $1 million. These high-end options include a private dinner with Trump himself.

The event is being supported by big names in the crypto world, like Coinbase, MicroStrategy, and Galaxy Digital. Top blockchain companies such as Sui, Mysten Labs, Solana, and Uniswap Labs are also stepping up as sponsors, as US cryptocurrency policy is facing a turning point.

Evelio Medina, producer of the Crypto Inaugural Leadership Conference, stated: “The Trump Vance administration‘s vision, understanding and adoption of digital assets and crypto technologies framework will bring a worldwide, profound advancement into a truly 21st-century, economic, and monetary system.”

Trump attempts to pave way for pro-crypto government

Trump is set to make waves on his first day in office with executive orders focusing on Bitcoin and the broader crypto landscape. The orders are expected to reflect a pro-crypto approach, with Trump already nominating crypto advocate Paul Atkins to lead the Securities and Exchange Commission and positioning Perianne Boring, Summer Mersinger, and Caroline Pham as frontrunners for the Commodity Futures Trading Commission.

Last week, ReadWrite reported that Investment bank TD Cowen suggested cryptocurrency companies will have an easier time finding banking partners under the administration.

Featured image: Grok / Canva

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech, gambling and blockchain industries for major developments, new product and brand launches, AI breakthroughs, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Suswati Basu
Tech journalist

Suswati Basu is a multilingual, award-winning editor and the founder of the intersectional literature channel, How To Be Books. She was shortlisted for the Guardian Mary Stott Prize and longlisted for the Guardian International Development Journalism Award. With 18 years of experience in the media industry, Suswati has held significant roles such as head of audience and deputy editor for NationalWorld news, digital editor for Channel 4 News and ITV News. She has also contributed to the Guardian and received training at the BBC As an audience, trends, and SEO specialist, she has participated in panel events alongside Google. Her…

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