The First-Ever Crypto Ball Is Set to Take Place Friday, January 17
The first-ever “Crypto Ball” is scheduled to take place on Friday, January 17, just days before President-elect Donald Trump’s January 20 inauguration.
The event will be held at the Andrew W. Mellon Auditorium in Washington, DC. It will reportedly focus on U.S. innovation and the incoming administration’s crypto-friendly policies.
Crypto Czar David Sacks to Host First Crypto Ball
Tickets for the gala are reportedly in high demand. The gold tickets, originally priced at $2,500, have been sold out, leaving only $5,000 of black tickets.
The event is hosted by BTC Inc. and co-hosted by Stand With Crypto, Exodus, Anchorage Digital and Kraken. Running hours are 8:00 pm to midnight.
Sponsorships from well-known blockchain companies highlight industry support. Notable sponsors include Coinbase, SuiMisten Laboratory, MetamaskGalaxy, Ondo, SolanaMicrostrategy, Uniswap Labs, etc.
“This exclusive event offers VIP tickets worth $100,000 as well as a private Trump dinner package worth $1 million. Major sponsors including Coinbase, MicroStrategy and Galaxy Digital are supporting the event, which marks the U.S. government’s move towards supporting cryptocurrencies. Change of direction ”Mario Nawfal. wrote on X (formerly Twitter).
President-elect Trump has expressed strong support for cryptocurrencies, appointing key officials who support cryptocurrencies. These include David Sacks plays artificial intelligence and cryptocurrency czarScott Bessent as Finance Minister, and Paul Atkins serves as SEC Chairman.
Although Trump himself is not expected to attend, David Sacks will host the inaugural ball.
In addition to “encryption balls”, people are also concerned about the government’s Anticipated Crypto Advisory Committee. The committee’s goal is to develop federal digital asset policy. About 20 CEOs and founders, many with close ties to Trump, may join the group.
Industry leaders seek influence in new administration
Cryptocurrency executives have been actively engaging with the president-elect and his advisers since Trump was re-elected. Mar-a-Lago has become the center of discussions about cryptocurrency regulations and potential appointments.
Last month, Kris Marszalek CEO of Crypto.commet with Trump to discuss regulatory strategy. Ripple executives Brad Garlinghouse and Stu Alderoty recently had dinner with Trump to resolve the SEC’s lawsuit against the company.
Meanwhile, Coinbase CEO Brian Armstrong has also had discussions with Trump in recent weeks.
Additionally, Trump is expected to sign a major deal He issued an executive order supporting cryptocurrencies on his first day in office. According to reports, the order will Overturning a key SEC policy Limit banks’ custody of Bitcoin and digital assets.
Cryptocurrency companies are backing the new government with significant financial commitments. The establishment committee has Get $1M from Coinbase, Kraken and Ondo.
Additionally, Ripple also contributed $5 million worth of XRP coins to support government initiatives.
As the inauguration approaches, Cryptoball will attract top industry figures eager to engage with the Trump team and influence the future of U.S. cryptocurrency policy.
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