- **Crypto Ball reflects government support for cryptocurrencies.**
- **Sponsors include Coinbase, MicroStrategy and Galaxy Digital.**
- **New government seeks pro-crypto regulation and blockchain innovation.**
The cryptocurrency industry is gearing up for the highly anticipated Inaugural Crypto Ball, a gala scheduled for January 17, 2025, in Washington, DC, to celebrate the inauguration of Donald J. Trump as President of the United States. Held at the iconic Andrew W. Mellon Auditorium, the event reflects the new administration’s commitment to promoting policies favorable to blockchain innovation and the growth of cryptocurrencies in the country.
JUST IN: 🇺🇸 Donald Trump's inauguration will feature tech leaders and a "Crypto Ball" honoring him as the "first crypto president."
—Watcher.Guru (@WatcherGuru) January 13, 2025
With ticket prices ranging from $2.500 to $1 million, the event attracts leaders and investors from the crypto and financial sectors, cementing its position as a political and technological milestone. Sponsors include big names such as Coinbase, MicroStrategy, Galaxy Digital and MetaMask, highlighting the private sector’s alignment with the government’s focus on technology and blockchain.
The event will be hosted by David Sacks, who was appointed by President Trump as AI and Crypto Czar, reaffirming the administration’s strategy of integrating blockchain technology into national policies. In addition, industry leaders are competing for seats on the Cryptocurrency Advisory Council, which is expected to include up to 22 executives to shape the new administration’s regulatory guidelines.
The event’s agenda includes a VIP reception hosted by super PAC MAGA Inc., with tickets costing $100. The exclusive $1 million package includes four tickets and a private dinner with Trump, demonstrating the high level of engagement between the new administration and the crypto sector.
The appointments of pro-crypto figures to key positions, such as Paul Atkins as SEC Chair, represent a significant shift in regulatory approach. Initiatives such as the creation of a national Bitcoin reserve and the introduction of clear regulations are expected to foster institutional adoption and the integration of cryptocurrencies into the traditional financial system.
Meanwhile, companies like Ripple, Circle and Marathon Digital have already made significant contributions to Trump’s inaugural committee, reinforcing the private sector’s support for the new administration’s pro-crypto policies. The Crypto Ball marks the beginning of a new phase for the cryptocurrency industry, with expectations of a more stable and favorable regulatory environment.