TLDR
- Kraken has donated $1 million to America 1st Digital and Freedom Fund to support crypto privacy rights.
- CEO Arjun Sethi emphasized the ongoing need for advocacy to protect financial privacy and decentralization.
- Despite claims of non-partisanship, Kraken’s donations align with Republican causes and policies on crypto.
- Freedom Fund, associated with Senator Mike Crapo, could influence future crypto tax legislation.
- Kraken’s donation reflects a broader trend of growing crypto industry support for Republican-backed policies.
Kraken has donated $1 million to two pro-crypto groups, America 1st Digital and Freedom Fund, supporting crypto privacy rights. CEO Arjun Sethi emphasized the importance of defending fundamental freedoms, including financial privacy and self-custody of assets. Despite claims of non-partisanship, the donation aligns Kraken with Republican causes, particularly within the crypto sector.
Kraken’s Support for Crypto Rights and Decentralization
Kraken’s donation focuses on promoting privacy and decentralization within the cryptocurrency space. Sethi stated, “The fight for crypto in the United States is far from over,” pointing out the need for continued advocacy. He emphasized the importance of building decentralized systems without permission, aligning Kraken with the growing movement for crypto rights.
The fight for crypto in the United States is far from over.
That is why Kraken is donating $1 million to @FreedomFundPAC and increasing our 2025 commitment to @a1stdigital to $1 million.
Congress has made real progress. Market structure bills are advancing. The tone in…
— Arjun Sethi (@arjunsethi) September 23, 2025
While Kraken’s support for the cause remains focused on principles rather than party, its donations directly benefit Republican-aligned PACs. America 1st Digital, deeply linked to the MAGA movement, pushes for crypto policy reform, including digital asset legislation. Its goals include establishing a strategic Bitcoin reserve, an effort that highlights its strong stance on crypto policy.
Freedom Fund’s Republican Ties and Influence on Tax Policy
Freedom Fund, another recipient of Kraken’s donation, plays a major role in supporting Republican causes. The fund is associated with Senator Mike Crapo’s leadership PAC, and Crapo’s influence as Chair of the Senate Finance Committee could affect how crypto is taxed. Although Crapo’s re-election is not imminent, his stance on crypto could shape future digital asset policies.
The fund’s current efforts primarily focus on supporting Republican candidates who are open to pro-crypto reforms. Its involvement in crypto-related policy includes advocating for tax proposals beneficial to digital assets. Kraken’s donation is a sign of crypto companies’ increasing involvement in political campaigns that support pro-crypto tax legislation.
Kraken’s donation reflects a broader trend where crypto companies increasingly align with Republican-backed groups. Since Donald Trump’s presidency, the crypto lobby has gravitated toward Republican causes. As the GOP embraces digital assets for economic competitiveness, Kraken’s donations mirror a shift toward pro-Trump PACs and organizations.
