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The inaugural “Crypto Ball,” set for January 17 in Washington, D.C., aims to highlight the burgeoning relationship between the crypto industry and the incoming Trump administration.
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This high-stakes gala is backed by industry giants such as Coinbase and Solana, reflecting a collective optimism for pro-crypto policies.
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“This exclusive event features $100,000 VIP tickets and $1 million private dinner packages with Trump,” remarked noted crypto influencer Mario Nawfal.
The “Crypto Ball” on January 17 prefaces Trump’s inauguration, focusing on pro-crypto relations as industry leaders gather for influence and networking.
Crypto Czar David Sacks will Host the Inaugural Crypto Ball
According to reports, tickets for the black-tie gala have seen high demand. Gold tickets, initially priced at $2,500, are sold out, leaving only $5,000 Black tickets available.
The event is being hosted by BTC Inc. and co-hosted by Stand With Crypto, Exodus, Anchorage Digital, and Kraken. It will run from 8:00 p.m. to midnight.
Sponsorships from prominent blockchain companies underscore the industry’s support. Notable sponsors include Coinbase, Sui, Mysten Labs, Metamask, Galaxy, Ondo, Solana, Microstrategy, Uniswap Labs, and others.
“This exclusive event features $100,000 VIP tickets and $1 million private dinner packages with Trump. Major sponsors like Coinbase, MicroStrategy, and Galaxy Digital are backing the event, signaling a shift toward a pro-crypto U.S. administration,” Mario Nawfal wrote on X (formerly Twitter).
President-elect Trump has signaled strong support for cryptocurrencies, appointing key officials with pro-crypto views. These include David Sacks as the AI and Crypto Czar, Scott Bessent as Treasury Secretary, and Paul Atkins as the SEC Chair.
Although Trump himself isn’t expected to attend, David Sacks will be hosting the inaugural ball.
In addition to the “Crypto Ball,” attention is on the administration’s anticipated crypto advisory council. The council aims to shape federal digital-asset policies. Around 20 CEOs and founders may join the group, many with established ties to Trump.
Industry Leaders Seek Influence in New Administration
Since Trump’s reelection, crypto executives have been actively engaging with the president-elect and his advisors. Mar-a-Lago has become a hub for discussions on crypto regulations and potential appointments.
Last month, Kris Marszalek, CEO of Crypto.com, met Trump to discuss regulatory strategies. Ripple executives Brad Garlinghouse and Stu Alderoty recently dined with Trump to address the SEC’s lawsuit against the company.
Meanwhile, Coinbase CEO Brian Armstrong has also held discussions with Trump in recent weeks.
Furthermore, Trump is expected to sign a major pro-crypto executive order on his first day in office. This order will reportedly overturn a key SEC policy that restricts banks from holding custody of Bitcoin and digital assets.
Crypto firms are backing the new administration with significant financial pledges. The inaugural committee has received $1 million from Coinbase, Kraken, and Ondo.
Also, Ripple contributed $5 million worth of XRP coins to support the administration’s initiatives.
As the inauguration nears, the “Crypto Ball” is set to attract top industry figures eager to engage with Trump’s team and influence the future of US crypto policies.
Conclusion
The launch of the “Crypto Ball” signifies a pivotal moment for the overlap of technology and policy within the United States. With industry leaders making strong commitments to the incoming administration, the event is a reflection of increased collaboration and the urgency to influence upcoming regulations. The pro-crypto environment under Trump may herald significant changes in how digital assets are integrated into mainstream finance, paving the way for future legislative advancements.
