The first-ever “Crypto Ball” will take place on Friday, January 17, just days before the inauguration of President-elect Donald Trump on January 20.
The event will take place at the Andrew W. Mellon Auditorium in Washington, DC. It would highlight American innovation and the new administration’s crypto-friendly policies.
Crypto Czar David Sacks to Host Inaugural Crypto Ball
Tickets for the black-tie gala have reportedly seen high demand. Gold tickets, originally priced at $2,500, are sold out, leaving only $5,000 Black tickets available.
The event is hosted by BTC Inc. and co-hosted by Stand With Crypto, Exodus, Anchorage Digital and Kraken. It will take place from 8:00 p.m. to midnight.
Sponsorships from prominent blockchain companies highlight industry support. Notable sponsors include Coinbase, Sui, Mysten Labs, Metamask, Galaxy, Ondo, Solana, Microstrategy, Uniswap Labs and others.
“This exclusive event includes $100,000 worth of VIP tickets and $1 million private dinner packages with Trump. Major sponsors like Coinbase, MicroStrategy and Galaxy Digital are supporting the event, signaling a shift towards a pro-crypto US administration,” wrote Mario Nawfal on X (formerly Twitter).
President-elect Trump has shown strong support for cryptocurrencies, appointing key officials with pro-cryptocurrency views. These include David Sacks as AI and crypto czar, Scott Bessent as Treasury Secretary, and Paul Atkins as SEC Chairman.
Although Trump himself is not expected, David Sacks will host the inaugural ball.
In addition to the “Crypto Ball,” attention is focused on the administration’s planned crypto advisory council. The council aims to shape federal policies on digital assets. Around 20 CEOs and founders could join the group, many of whom have established ties to Trump.
Industry leaders seek to influence new administration
Since Trump’s re-election, crypto executives have been actively collaborating with the president-elect and his advisors. Mar-a-Lago has become a hub for discussions about crypto regulations and potential appointments.
Last month, Kris Marszalek, CEO of Crypto.com, met with Trump to discuss regulatory strategies. Ripple executives Brad Garlinghouse and Stu Alderoty recently had dinner with Trump to discuss the SEC’s lawsuit against the company.
Meanwhile, Coinbase CEO Brian Armstrong has also held discussions with Trump in recent weeks.
Additionally, Trump is expected to sign a major pro-crypto executive order on his first day in office. This order would reverse a key SEC policy that prohibits banks from holding custody of Bitcoin and digital assets.
Crypto companies are supporting the new administration with big financial pledges. The inaugural committee received $1 million from Coinbase, Kraken and Ondo.
Additionally, Ripple contributed $5 million in XRP coins to support the administration’s initiatives.
As the inauguration approaches, the “Crypto Ball” is expected to attract industry figures eager to engage with Trump’s team and influence the future of U.S. crypto policies.
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