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    Home»Bitcoin»Winklevoss Twins Sell 188 BTC to Support Trump’s Cryptocurrency Initiative
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    Winklevoss Twins Sell 188 BTC to Support Trump’s Cryptocurrency Initiative

    Ethan CarterBy Ethan CarterAugust 21, 2025No Comments2 Mins Read
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    Winklevoss Twins Sell 188 BTC to Support Trump's Cryptocurrency Initiative
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    The Winklevoss twins have previously supported Trump’s 2024 campaign and the Fairshake PAC, believing the funding will promote crypto-friendly policies like market structure reform and tax exemptions for small transactions. Their increasing political clout has led to invitations to Trump’s inauguration, a White House crypto summit, and recognition during the signing of the GENIUS Act.

    Gemini Founders Support Trump

    Cameron and Tyler Winklevoss, the co-founders of Gemini, have made one of the largest individual political donations in cryptocurrency history, contributing over 188 Bitcoin — approximately $21 million — to the Digital Freedom Fund PAC in support of US President Donald Trump’s pro-crypto initiatives. They mentioned that this contribution aims to help secure a Republican majority in Congress for the 2026 midterm elections, push for market structure legislation, and advocate for measures like a de minimis tax exemption on smaller Bitcoin and crypto transactions.

    The Digital Freedom Fund PAC was established on July 11 and is led by treasurer Janna Rutland. It has affiliations with other Republican-aligned groups, including a nonprofit linked to former presidential candidate Vivek Ramaswamy. The Winklevosses’ recent contribution of $21 million seems significant, especially since it corresponds with Bitcoin’s capped supply of 21 million coins.

    Their backing has increased their political visibility, garnering invitations to Trump’s inauguration and a recent White House crypto summit. Trump notably recognized their support during the bipartisan GENIUS Act signing. They also endorsed stablecoins in July, and have made investments in American Bitcoin, a mining enterprise associated with Trump’s family, further solidifying their financial ties with the administration.

    However, the Winklevosses recently parted ways with Trump’s agenda by encouraging reconsideration of Brian Quintenz’s nomination as chair of the US Commodity Futures Trading Commission. The White House has since requested the Senate Agriculture Committee to postpone Quintenz’s nomination, even as numerous crypto organizations have voiced strong support for his confirmation.

    BTC Cryptocurrency Initiative Sell Support Trumps Twins Winklevoss
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    Ethan Carter

      Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.

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