Crypto Updates

Crypto Investment Firm Multicoin Capital To Match Up to $1,000,000 in SOL Donations for Pro-Crypto Candidates

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A crypto investment firm says it’s looking to double the impact of digital asset donations made to help finance the campaigns of pro-crypto candidates.

Multicoin Capital co-founder Tushar Jain says on the social media platform X that the firm is backing the Sentinel Action Fund, a conservative super political action committee (PAC) advancing pro-crypto candidates.

According to Jain, Multicoin Capital will match Solana donations of up to $1 million in SOL to support the super PAC’s efforts.

“By building the framework for victory by [Senate candidates] Sam Brown, Dave McCormick, Bernie Moreno, and Tim Sheehy, we can add four critical voices to the Pro Crypto Army.

Each of these candidates is qualified, dynamic and ready to go to work to promote crypto in the US Senate alongside Bill Hagerty and Cynthia Lummis… If you donate SOL to the Sentinel Action Fund in the next 10 days, we’ll match it, doubling your impact.

Kyle Samani, a managing partner at Multicoin, says that the firm’s efforts are geared toward bolstering financial freedom and innovation in the US.

“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.

By making contributions, we’re giving Sentinel Action the tools to increase the number of pro-crypto senators like Bill Hagerty – an innovator who understands and speaks our language. This means good legislation, good policy results, and good agency nominees.

We need elected leaders who will defend the rights of the millions of Americans with crypto assets.”

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