Ripple is listed among corporate supporters of a privately funded $300 million ballroom project intended to expand state event capacity at the White House. Its participation is noted alongside major tech and defense donors who are involved through lobbying networks. Congress is currently reviewing the fundraising route, and the presence of crypto-linked companies seeking regulatory clarity highlights the sector's deepening political engagement.
Ripple joins a group of companies backing a privately financed ballroom, approximately 90,000 square feet in size, planned for the presidential complex. This venue aims to increase capacity for formal diplomatic events, a need that Donald Trump highlighted during recent official gatherings. Donations are being channeled through a fund associated with National Mall projects, which allows for corporate contributions without direct federal management.
The White House Ballroom Project and @Ripple stand out in the new review. Ripple shows up twice, represented by both Ballard Partners and Priebus’s firm, putting it inside the core lobbyist network driving the fundraising.Two thirds of donors are clients of these lobbyists,…
Ripple and Major Tech Support the $300M Initiative
The donor list does not specify individual contribution amounts, but the inclusion of digital asset firms illustrates how the crypto sector is intensifying its institutional engagement in Washington. Ripple, which is still involved in regulatory disputes with federal agencies, has amplified its public affairs strategy throughout 2024 and 2025, advocating for clear and enforceable digital asset rules. Supporting the ballroom initiative aligns with a broader effort to secure consistent treatment for token classification and market compliance.
A Fundraising Network with Preferential Access
The donor network connected to the ballroom project includes companies with long-standing federal ties, such as Palantir, Lockheed Martin, and T-Mobile. Congressional staff have confirmed that representatives from these firms attended private meetings at the White House where project progress and potential contributions were discussed. Corporate participants are gaining strategic access to high-level officials, which is particularly appealing to industries seeking predictable regulatory conditions. Some legislative aides have privately noted that such access can influence policy conversations earlier than formal hearings, providing donors with positioning advantages in upcoming regulatory debates.
Tech and crypto firms have increased their political participation in response to legislative efforts aimed at curbing discretionary enforcement by federal agencies. Ripple and Coinbase have both raised their lobbying budgets to influence standards concerning custody, token issuance, and digital market structure.
Congress Reviews Transparency While Crypto Pushes for Clearer Rules
The Senate is continuing its examination of the funding mechanism's transparency, even as the project proceeds with substantial corporate backing. While company responses to congressional inquiries have been partial, they have not halted donations. As scrutiny continues, the crypto industry views its support for the ballroom initiative as an opportunity to advocate for stable and transparent regulation, thereby expanding its influence near one of the United States' most central political decision-making hubs.
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