Multicoin promises to provide $1 million in funding for Senate candidates supporting Cryptocurrency

On July 5th, Multicoin Capital pledged to provide up to $1 million in funding to support Cryptocurrency-friendly Senate candidates. Multicoin plans to offer financial support to four Republican candidates by donating to the conservative super PAC, Sentinel Action Fund. The amount of Multicoin's donation depends on the outcome of the Sentinel encryption fundraising campaign. According to Sentinel's website, Multicoin will match 100% of the (SOL) Token donations sent to Sentinel before July 14. Gemini is hosting Sentinel's encryption donation portal and is accepting various Tokens, including SOL.