Cryptocurrency investors Tyler and Cameron Winklevoss announced Wednesday that they would be contributing $21 million in Bitcoin to launch a Donald Trump-aligned super PAC called the Digital Freedom Fund PAC.
“Since inauguration, @POTUS and his Administration have been delivering on the promises they made on the campaign trail and then some. We want this unprecedented progress and momentum to continue,” Tyler Winklevoss wrote in a lengthy post on X. “Our goal is to support President Trump and his Administration’s efforts to continue to usher in America’s Golden Age.”
The twins’ super PAC is at least the third created to support pro-cryptocurrency candidates and is the first focused solely on helping Republicans. The billionaire twins previously were major supporters of the country’s largest cryptocurrency super PAC, Fairshake, which supports candidates from both parties.
In addition to prioritizing the upcoming midterm elections, Tyler Winklevoss wrote on X that the PAC would be dedicated to pro-cryptocurrency legislation, including a Bitcoin and crypto bill of rights, protections for software developers, rejecting regulatory capture and legislation “that enshrines the freedoms that will allow the crypto industry to thrive and avoids the pitfalls of overregulation, bloated licensing regimes, and increased red tape that only serves to choke off innovation, grow the Regulatory Industrial Complex, and empower the swamp.”
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“We will fight against legislation that attempts to recreate Dodd-Frank for crypto, impose double standards, and force double registration, duplicative costs, and solutions in search of problems upon our industry,” the post says.
The Winklevoss twins, first known for their early involvement in Facebook and their subsequent lawsuit against CEO Mark Zuckerberg, endorsed Trump in early June when they donated $1 million in Bitcoin to Trump’s campaign.
The twins appeared most recently alongside Trump during the signing of the crypto-focused GENIUS Act, and later used their proximity to the president to weigh in on his nominee for the Commodity Futures Trading Commission, a small but influential Wall Street regulator.
Among other goals listed for the PAC in Wednesday’s post, Tyler Winklevoss wrote that the group would “fight for legislation that bans Central Bank Digital Currencies (CBDCs) and other totalitarian technologies that tread on your freedoms” and legislation around banking access.
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