Gemini, a leading cryptocurrency exchange, has taken a bold step by launching a campaign finance project to support presidential candidates who are pro-crypto. This initiative comes on the heels of a significant donation of $2 million made by Gemini's co-founders, Cameron and Tyler Winklevoss, to former President Donald Trump's re-election campaign on June 20, 2024.

Gemini is now enabling campaign contributions in cryptocurrency for pro-crypto candidates. Any U.S. campaign interested in accepting crypto donations can work with Gemini by emailing campaigns@gemini.com. This move is part of Gemini's effort to empower pro-crypto policymakers in the upcoming 2024 U.S. Presidential election.

Tyler Winklevoss, co-founder of Gemini, recently expressed his opposition to the Biden administration's anti-crypto stance. In a strongly worded letter, Winklevoss highlighted the challenges faced by the crypto industry and the unfair treatment it receives. He warned of potential economic consequences if such policies persist.

The Gemini campaign donation initiative is part of a broader phenomenon known as "Cryptopolitik" in 2024, where the crypto industry is actively involved in politics. This is evident in the recent achievements of Coinbase's Stand with Crypto political action committee (PAC), which collected 1 million signatures in support of crypto. Additionally, the CEOs of CleanSpark, Marathon Digital, and Riot Platforms presented the "Bitcoin Voter Project," a non-political initiative aimed at raising awareness about Bitcoin among Americans.

The political landscape has become even more heated with the revelation that a super PAC backed by the crypto industry, Fairshake, has collected $169 million in donations. Unlike the Bitcoin Voter Project, Fairshake uses these funds for political advertisements targeting politicians and candidates who are against cryptocurrencies.

Gemini's actions, along with those of other companies in the cryptocurrency market, demonstrate the growing influence and participation of the crypto industry in shaping political discourse and lobbying for policies that benefit the sector.