Trump raises $429 million in midterm elections, with crypto industry donations accounting for a significant proportion

The Financial Times revealed that US President Trump and his allies raised a record high of $429 million in political donations for the midterm elections in the past year. Among them, the cryptocurrency and artificial intelligence industries contribute a large amount of funds. The super political action committee "Make America Great Again" (Maga Inc) controlled by Trump's allies currently holds $304 million, larger than any PAC in any midterm election year. Crypto.com donated $30 million to Maga Inc, venture capital giant a16z co-founder Marc Andreessen and Ben Horowitz each donated $3 million, and OpenAI co-founder Greg Brockman and his wife donated a total of $25 million. Analysis suggests that cryptocurrency capital is influencing policy direction through donations, and Trump remains a key figure in the Republican Party's efforts to attract cryptocurrency funds.