The 2024 United States presidential election has prompted many endorsements from the cryptocurrency industry, with several executives and entrepreneurs voicing their support for either candidate.
While Republican nominee and former President Donald Trump has attracted substantial backing from the crypto community, Democratic candidate and sitting Vice President Kamala Harris has also garnered notable endorsements.
With the election on Nov. 5, Cointelegraph reviewed public crypto-related endorsements for both candidates.
Trump leads in crypto-related endorsements
Trump, who is known for his U-turn on Bitcoin (BTC) in the past few years, has received notably more crypto-related endorsements than Harris.
One reason for this could be Harris’ late entrance to the race, as she secured the Democratic nomination in July. In contrast, Trump announced his candidacy nearly two years before the election, in November 2022.
One of Trump’s early endorsements came from Jeremy Kauffman, founder of blockchain-based file-sharing network LBRY, in May 2024.
Crypto executives and investors endorsing Donald Trump versus Kamala Harris (as of Oct. 30, 2024)
In contrast, Harris received her first crypto-related endorsements a few months later, with former Uphold CEO JP Thieriot voicing support for her in August 2024. John O’Farrell, general partner at the crypto-friendly venture capital firm Andreessen Horowitz (a16z), also endorsed Harris in August.
Crypto executives and investors endorsing Trump
Trump has received endorsements from prominent crypto figures, including executives at major exchanges like Kraken and Gemini.
In June, Gemini founders Cameron and Tyler Winklevoss pledged $2 million in Bitcoin toward Trump’s reelection, citing his “pro-crypto” stance.
Also in June, Kraken co-founder Jesse Powell announced a $1 million donation to Trump, calling him the “only pro-crypto major party candidate.”
Source: Jesse Powell
Cathie Wood, ARK Invest founder and a major Bitcoin bull — who believes BTC will one day trade for $1 million per coin — also publicly endorsed Trump in June.
Elon Musk, whose electric vehicle company Tesla…
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