The Winklevoss brothers are contributing $21 million to support Republican congressional efforts, aiming to bolster President Donald Trump’s cryptocurrency objectives amidst an electoral season that positions them against a broader trend of bipartisanship in the sector.

Highlights:

• The funding is directed towards the Digital Freedom Fund political action committee for Republican candidates.
• The brothers criticize what they call “bad-faith” Democratic tactics as they navigate upcoming elections.

Their actions are a notable divergence from other crypto industry players who are working to ensure bipartisan support for cryptocurrency initiatives.

This $21 million donation is a strategic move to champion GOP candidates who align with their vision for crypto legislation, presenting a rallying point in a politically charged climate leading up to the U.S. midterm elections.