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COINOTAG News reported on October 24, citing The Verge, that a major White House project is moving forward with private funding rather than taxpayer dollars. The plan envisions a banquet hall with a price tag of roughly $300 million, with supporters contributing through private donations as stated by White House communications on Thursday.
A disclosed donor roster features legacy tech giants and crypto participants. The list includes Amazon, Apple, Google, Meta, Microsoft, and YouTube contributing over $20 million. Crypto players such as Ripple, Tether America, Coinbase and the Winklevoss twins are listed alongside defense and telecom heavyweights like Lockheed Martin, Comcast, T-Mobile and Palantir.
Crypto philanthropy and market implications are evolving as corporate donors signal greater alignment with public affairs and strategic digital-asset investments. The trend could bolster institutional sentiment and enhance visibility for near-term crypto activity.
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