Market Cap: $3.5677T 1.700%
Volume(24h): $360.8053B 27.410%
  • Market Cap: $3.5677T 1.700%
  • Volume(24h): $360.8053B 27.410%
  • Fear & Greed Index:
  • Market Cap: $3.5677T 1.700%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$108064.256573 USD

2.62%

ethereum
ethereum

$3416.451426 USD

4.04%

xrp
xrp

$3.182014 USD

-0.61%

tether
tether

$0.998286 USD

-0.06%

solana
solana

$258.371362 USD

-5.60%

bnb
bnb

$703.182066 USD

-0.59%

dogecoin
dogecoin

$0.378176 USD

-4.38%

usd-coin
usd-coin

$1.000010 USD

-0.01%

cardano
cardano

$1.062758 USD

-0.47%

tron
tron

$0.239600 USD

-1.00%

chainlink
chainlink

$25.901897 USD

10.66%

avalanche
avalanche

$38.079479 USD

-2.52%

sui
sui

$4.720134 USD

-3.00%

stellar
stellar

$0.462876 USD

-3.68%

hedera
hedera

$0.354732 USD

0.20%

Cryptocurrency News Articles

Orbiter Finance Sponsors Donald Trump's Inauguration Speech, Launches Governance Token OBT

Jan 21, 2025 at 03:37 am

Orbiter Finance, a cross-chain protocol based on Ethereum, has announced its support for Donald Trump's inauguration speech through a notable sponsorship.

Orbiter Finance Sponsors Donald Trump's Inauguration Speech, Launches Governance Token OBT

Cross-chain protocol Orbiter Finance has announced its support for Donald Trump’s inauguration speech through a notable sponsorship, paid for in cryptocurrency.

This initiative comes on the heels of the protocol’s Token Generation Event (TGE) and the release of its governance token, OBT. Orbiter has committed to further backing Trump’s initiatives with ongoing contributions throughout his presidency.

Just In: $OBT to sponsor President-elect Donald Trump’s inauguration. Txid:

Paid by Maker Address, cross-chain through Orbiter Omni-chain Interoperability protocol.

The donations to Trump's office will continue throughout Trump's presidency. pic.twitter.com/KnB99HHmQG

On January 20, 2025, the day of Trump’s presidential inauguration, Orbiter Finance donated 10 ETH—worth approximately $33,607—to a smart contract wallet associated with Trump’s World Liberty Financial token.

The donation was made possible by Orbiter’s OmniChain exchange protocol, which enables seamless cross-chain transactions. With plans to continue its contributions, Orbiter’s involvement highlights its interest in the evolving crypto landscape.

The donation by Orbiter is part of a broader show of support from the crypto sector for Trump’s inaugural fund. Prominent firms like Coinbase, Kraken, and Circle, the issuer of the USDC stablecoin, each donated $1 million. Robinhood, known for its growing presence in the crypto market, contributed $2 million.

Related: Ripple’s $5M XRP Donation Powers Trump-Vance Inauguration Goals

OBT Governance Token Launch and Airdrop Plans

Orbiter Finance marked the day of Trump’s inauguration with the launch of its governance token, OBT. The project has allocated 40% of the total OBT supply for community airdrops.

Of this allocation, 22% will be distributed to users who have engaged with Orbiter’s cross-chain services for at least 60 days. The remaining 3% will be airdropped monthly over six months to encourage long-term participation within the Orbiter ecosystem.

OBT Listing on KuCoin Spot Exchange

To further boost OBT’s adoption, Orbiter has partnered with KuCoin to list the token on its spot platform starting January 20, 2025.

Related: KuCoin to Support OBT Token with Trading Pairs and Bot Services Starting January 20

The OBT/USDT trading pair will go live the same day, with withdrawal services becoming available 24 hours later. The KuCoin listing is expected to provide greater liquidity and visibility for OBT in the global crypto market.

The information presented in this article is for informational and educational purposes only. Coin Edition is not a financial adviser and does not provide financial or investment advice. Any statements or claims made about specific financial products or services do not constitute financial advice, and any actions taken based on such statements are at your own risk.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jan 21, 2025