Exodus Donates $1.3M to Crypto Advocacy Group to Boost US Industry Support

According to BlockBeats, on September 25, according to Cointelegraph, crypto wallet provider Exodus announced a donation of $1.3 million to the crypto advocacy organization Stand With Crypto Alliance to gain broader political support for the U.S. crypto industry. The donation will be used to support the alliance’s nationwide education and mobilization of cryptocurrency supporters to participate in the political process.

It is reported that the Stand With Crypto Alliance was established in May this year by the cryptocurrency exchange giant Coinbase, and a political action committee (PAC) was established. According to the alliance, it has raised up to $180 million in donations from 1.49 million cryptocurrency advocates so far, showing the crypto community’s strong desire for political participation.

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