Crypto companies including Ripple, Coinbase, Tether, and Gemini are donating to fund President Donald Trump's new White House ballroom project.
The crypto industry has been a longtime backer of Trump, with previous donations including an 18 BTC contribution from the Winklevoss twins.
The $300 million, 90,000 sq. ballroom will seat 650 people and replace part of the East Wing, sparking controversy over its scale and costs.
Other major tech firms such as Apple, Google, and Microsoft are also contributing to the project.
The crypto industry is now supporting the $300 million project, announced in July and under construction since September 2025.
Author's summary: Crypto giants fund Trump's new ballroom.