Crypto Companies Ramp Up Lobbying Efforts Amid Political Shift

Crypto firms that once steered clear of government involvement are now taking an active role in shaping policy. Companies like Uniswap and the Solana Foundation are building stronger political connections to push for favorable regulations.

Last year we had a couple conversations with crypto companies, but since the election, that number has gone up infinitely. Every day we’re chatting with firms who want to know about access and strategy,

Sam Geduldig, managing partner at Republican lobbying firm CGCN, remarks.

Even Riot Platforms, a leading mining company, is entering the space. CEO Brian Morgenstern has emphasized the need to understand the new administration’s stance while helping lawmakers craft more informed legislation on decentralized technologies.

As the election season heated up, crypto firms made their move—donating over $135 million to political campaigns, ensuring their interests had a seat at the table. Most of their backed candidates won. While some initially aligned with the Democrats, even those firms are now extending their reach to Trump and the Republican Party, recognizing the former president’s consistent support for crypto.

Since assuming office, Trump has taken swift action, signing multiple pro-crypto and AI-focused executive orders and exploring the idea of a Bitcoin strategic reserve. This signals a dramatic shift in government sentiment toward digital assets, a stark contrast to the previous administration’s increasingly restrictive stance—particularly in the aftermath of the FTX collapse.