The cryptocurrency industry is preparing for a historic event: the Inaugural Crypto Ball. The gala will be held on January 17, 2025, in Washington, DC, to celebrate the inauguration of Donald J. Trump as President of the United States. The event will take place at the iconic Andrew W. Mellon Auditorium and will highlight the new administration’s commitment to policies that aim to advance blockchain innovation and the growth of cryptocurrencies in the country.
According to recent news, Donald Trump's inauguration will include tech leaders and a "Crypto Ball" to honor him as the "first crypto president." (via @WatcherGuru)
The event is set to attract leaders and investors from the crypto and financial sectors, with ticket prices ranging from $2.500 to $1 million. The ball is expected to be a convergence of political and technological milestones. Major players in the crypto industry are sponsoring the event, including Coinbase, MicroStrategy, Galaxy Digital and MetaMask, showcasing the private sector’s alignment with the government's focus on technology and blockchain.
David Sacks, who was appointed by President Trump as AI and Crypto Czar, will host the event, further emphasizing the administration's strategy of integrating blockchain technology into national policies. Notably, industry leaders are vying for seats on the Cryptocurrency Advisory Council, which is expected to comprise up to 22 executives who will contribute to shaping the new administration’s regulatory guidelines.
The event will feature a VIP reception hosted by super PAC MAGA Inc., with tickets priced at $100. The exclusive $1 million package includes four tickets and a private dinner with Trump, highlighting the high level of engagement between the new administration and the crypto sector.
The appointments of pro-crypto figures to key positions, such as Paul Atkins as SEC Chair, are expected to herald a shift in regulatory approach. Initiatives like the creation of a national Bitcoin reserve and the introduction of clear regulations are set to foster institutional adoption and the integration of cryptocurrencies into the traditional financial system.
Companies including Ripple, Circle and Marathon Digital have already made significant contributions to Trump’s inaugural committee, further highlighting the private sector’s support for the new administration’s pro-crypto policies. The Crypto Ball marks the beginning of a new phase for the cryptocurrency industry, with expectations of a more stable and favorable regulatory environment.
