I'm Jen Sanassi on this special edition of CoinDesk Daily. We take a look at the intersection of

crypto and the upcoming U.S. elections. The crypto industry accounts for almost half of all

corporate donations for the 2024 election. A report from the nonprofit consumer advocacy group public citizen found that crypto-aligned

companies have spent more than $119 million so far, with most of the funds going directly

to super PACs working to elect pro-crypto candidates.

Coinbase and Ripple account for the majority of the donations, according to the report.

According to Axios, the industry, which usually sides with one party over another, is breaking that tradition.

Fair shake, the industry's dominant political action committee has been backing or opposing candidates on both sides of the aisle,

based on whether or not a candidate is viewed as helpful or harmful to crypto.

What's being said about crypto ahead of the election?

Well, former President Donald Trump's Republican Party has officially adopted a platform

that would seek to support cryptocurrency innovation.

That's according to a document released by the Republican National Committee.

Trump also recently launched another NFT drop and teased the defiant ones on social media

platform truth social. Little is known about the platform including launch dates or specific details.

However, messages posted on the defiant ones telegram group, call it the Trump DFI

project and the future of finance. While Kamala Harris has not yet shared her stance on crypto, one of her top campaign officials

recently said that she's going to support policies that ensure that emerging technologies

and that sort of industry can continue to grow.

And in response to a Bloomberg article reporting that the Harris campaign is seeking to expand

crypto, Coinbase chief policy officer Fariar Shurzad said he's had discussions with the Harris campaign is seeking to expand crypto. Coinbase chief policy officer Fariar Shurzad said he's had discussions with the Harris campaign around policy.

And Polly Market has become a platform that many in the crypto community are referring to to make bets on the outcomes of events leading up to the elections and the election itself.

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