Investment firm Multicoin Capital promises to match SOL up to $1 million to back crypto friendly candidates | Headlines | News | CoinMarketCap

07/06/2024 00:00
Investment firm Multicoin Capital promises to match SOL up to $1 million to back crypto friendly candidates | Headlines | News | CoinMarketCap

Crypto and blockchain investment firm Multicoin Capital is donating up to $1 million to support pro-crypto Republican lawmakers.  The firm said …

Crypto and blockchain investment firm Multicoin Capital is donating up to $1 million to support pro-crypto Republican lawmakers. 

The firm said it would match every SOL donated up to $1 million over the next 10 days through The Sentinel Action Fund, a conservative super-political action committee. The donation process is powered by crypto exchange Gemini, according to the site. 

"We’re doing this because we realize that political engagement matters, and it starts with supporting the candidates who believe America needs to remain free for innovation," said Kyle Samani, managing partner at MultiCoin Capital, in a post on X on Friday. "By making contributions, we’re giving @sentinelaction the tools to increase the number of pro-crypto senators like @BillHagertyTN — an innovator …

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