Silicon Valley and the crypto world are pouring in huge sums, record-breaking fundraising before Trump’s election.

Trump and his allies raised a total of $429 million in 2025, building an unprecedented “war chest” as the midterm elections approach. Most notably, the political action committee (PAC) controlled by Trump’s allies—Maga Inc (“Make America Great Again”)—currently holds $304 million in cash, far exceeding any other campaign committee. According to the latest report by the Financial Times, this amount is tens of millions of dollars higher than any group associated with the Democratic Party. Behind this massive fundraising is substantial support from Silicon Valley and the cryptocurrency sector. Prominent figures in the tech industry, such as OpenAI co-founder Greg Brockman and cryptocurrency exchange Crypto.com, donated $12.5 million and $30 million respectively, becoming key drivers of Trump’s fundraising. These donations not only reflect Trump’s continued dominance of the Republican Party but also highlight Silicon Valley and the crypto industry’s preference for Trump’s policies, particularly their demand for deregulation. Fundraisers in these sectors clearly hope to continue advancing Trump’s “America First” policies, especially regarding looser regulations for cryptocurrency and artificial intelligence. Previously, venture capital giants A16Z founders Marc Andreessen and Ben Horowitz each donated $3 million. The firm has actively lobbied for favorable legislation for crypto startups and tried to block various states from passing fragmented AI regulatory laws. Meanwhile, the source of these huge funds is not only from large companies and industry leaders, but also includes many individuals seeking lenient policies from Trump. For example, banker Julio Herrera Velutini, who was previously prosecuted for bribing the Puerto Rico governor, donated $3.5 million through his family, apparently hoping to use Trump’s influence for lenient treatment. For the upcoming election, Trump and his allies already have enough resources to influence campaign dynamics in key districts, especially in competitive Senate and House races. How this massive fund will be used remains uncertain, but in any case, it plays a crucial role in helping Trump maintain his dominance within the party and shape the future political landscape. Risk Warning and Disclaimer The market involves risks and investment needs caution. This article does not constitute personal investment advice, nor does it take into account users' specific investment goals, financial status, or needs. Users should consider whether any opinions, views, or conclusions in this article are suitable for their particular circumstances. Investment based on this article is at your own risk.