Coinworld.com reports:
A cryptocurrency investment firm has expressed its desire to double the impact of digital asset donations to help fund the campaigns of cryptocurrency-supporting candidates.
Tushar Jain, co-founder of Multicoin Capital, stated on the social media platform X that the company supports the Sentinel Action Fund, a conservative super PAC aimed at advancing cryptocurrency-supporting candidates.
Jain stated that Multicoin Capital will match donations of up to $1 million in SOL to support the super PAC’s efforts.
“By establishing a framework for the victories of Senate candidates Sam Brown, Dave McCormick, Bernie Moreno, and Tim Shey, we can add four critical voices to the army supporting crypto. Each of these candidates is qualified, vibrant, and ready to promote cryptocurrency in the United States Senate alongside Bill Hagerty and Cynthia Lummis… If you donate SOL to the Sentinel Action Fund within the next 10 days, we will match it, doubling your impact.”
Kyle Samani, Managing Partner at Multicoin, stated that the company’s efforts aim to strengthen financial freedom and innovation in the United States.
“We do this because we recognize that political engagement is important, and we want to support candidates who believe in maintaining innovation and freedom in America. Through donations, we provide tools for the Sentinel Action to increase the number of senators supporting cryptocurrency, like Bill Hagerty, an innovator who understands and speaks our language. This means good legislation, good policy outcomes, and good institutional nominations. We need elected leaders who will defend the rights of millions of Americans who hold cryptocurrencies.”
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