Former United States President and current leading Republican presidential candidate Donald Trump took to Silicon Valley in his latest campaign financing efforts.

Trump raised $12 million from a Thursday night fundraiser held at the San Francisco house of David Sacks, a tech entrepreneur and investor, Reuters reports citing people who attended the fundraiser. Social Capital CEO Chamath Palihapitiya cohosted the event.

Trump's appearance gears up his embrace of crypto in the lead-up to the 2024 presidential election. Prominent crypto leaders such as Gemini founders Cameron and Tyler Winklevoss also attended the fundraiser, according to Reuters.

Tools for Humanity Chief Business Officer Trevor Traina, who previously served as a Trump ambassador to Austria, told Reuters that Trump "said …