News report:
A cryptocurrency investment company says it wants to double the impact of its digital asset donations by helping fund the campaign efforts of candidates who support cryptocurrencies.
Tushar Jain, co-founder of Multicoin Capital, announced on social media platform X that the company is backing the Sentry Action Fund, a conservative super political action committee (PAC) dedicated to promoting candidates who support cryptocurrencies.
Jain stated that Multicoin Capital will match donations up to $1 million in SOL to support the super PAC’s efforts.
“By building a framework for the victories of candidates like 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, energetic, and ready to promote cryptocurrencies in the U.S. Senate alongside Bill Hagerty and Cynthia Lummis… If you donate SOL to the Sentry 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 preserving innovation and freedom in America. Through donations, we provide tools to the Sentry Action Fund to increase the number of senators who support cryptocurrencies, 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 crypto assets.”
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