Recently, an interesting phenomenon has caught attention—JPMorgan Chase and several leading crypto platforms suddenly made large donations to a political action committee supporting Trump, totaling over a million dollars. What's more, this move is quite "interesting" because even Trump himself has not confirmed whether he will run for president in 2026.

What exactly are they playing at? Essentially, this is a classic "political insurance investment." The logic of Wall Street's money-printing machine JPMorgan Chase and crypto exchanges is clear: since Trump has been signaling friendliness toward the crypto industry (the common #Bitcoin hashtag on Twitter is a testament), it’s better to lay the groundwork early and ensure that future policy environments favor the industry.

On the surface, this money supports political groups. But at a deeper level, what is the real purpose? First, the giants are betting that their political influence can be long-term monetized, especially in regulatory policymaking. Second, the crypto community aims to break through years of regulatory deadlock through a new approach—"political participation." Instead of passively waiting for policies, they prefer to actively shape them. Lastly, this also reflects that the crypto industry is moving from the fringes toward the mainstream, beginning to use the "rules of traditional finance" to participate in the political ecosystem.

However, there is a point worth cautioning: political investments are always high-risk gambles. Investors in BTC, AVAX, DOT, and other tokens understand risk management, but these institutions seem somewhat optimistic. What if Trump’s popularity wanes, or if policy directions suddenly do a 180-degree turn? At that point, this "political insurance" could turn into a "hot potato."

To sum up: While the logic behind the financial giants and crypto platforms’ moves is clear, fundamentally, they are betting on political directions. Investment does not necessarily equal returns—that’s an eternal truth.