A board member of the cryptocurrency exchange Uphold has announced his support for the US Vice President in her bid for the presidency. The businessman intends to create an organization that will defend the interests of the Democratic Party in the digital asset market.

JP Thieriot said he hopes to counter the enthusiasm of crypto market participants supporting former President Donald Trump.

To this end, the businessman intends to unite the crypto community around the candidacy of Kamala Harris, provide the vice president with stable support and raise money for the election campaign.

Donald Trump has always viewed the crypto market with undisguised skepticism and became a favorite only because he made empty promises and was able to secure financial support from industry leaders, Thieriot lamented. Harris, unlike his main rival, has demonstrated “real openness and a willingness to provide real help in forming an adequate position on cryptocurrency.”

“Kamala, I think, has an opportunity to start over. Of course, she’ll have to do a lot to earn our trust, but she’s made it clear that she’d like the chance. It would be crazy to pass up this opportunity. Trump has already taken steps to try to take over the digital space. He’s raised significant capital by offering essentially vague platitudes and no meaningful policy commitments,” said the Uphold board member.

JP Thieriot told reporters that he is creating a website in support of Kamala Harris and opening a collection of cryptocurrency donations for her election campaign.

The day before, journalists from the American TV channel suspected Donald Trump of populism. According to CNBC journalists, the former president’s speech at the Bitcoin conference in Nashville showed a surprising 180-degree turn from the previous position of the politician, who publicly rejected Bitcoin while holding the top post in the White House.