Crypto industry players are making significant moves in the US political arena. Leading exchanges including Gemini and Crypto.com have jointly contributed $21 million to a political action committee backing Trump ahead of the midterm elections. This marks a notable shift in how major crypto firms are engaging with the political process—direct financial involvement in shaping policy direction. Such contributions signal the industry's growing influence in Washington, as major platforms recognize the importance of political positioning in a rapidly evolving regulatory environment. The move reflects broader industry efforts to ensure favorable crypto-friendly policies going forward.