This behavior indicates the industry’s inclination for Harris over her rival, Donald Trump, even if Harris keeps quite quiet on her view on cryptocurrency. Based on September 1 data from FiveThirtyEight, Harris has a 3.2% margin over Trump in national surveys, a margin she has maintained since stating her Democratic presidential candidacy from President Joe Biden.

Said Cleve Mesidor, executive director of the Blockchain Foundation, the event seeks to “make a statement about what crypto is for Democrats as a possibly new administration.” She also hoped it would start conversations on how a Harris government can help companies and provide minorities greater financing access.

Under President Biden, the Securities and Exchange Commission (SEC) is tough, hence the organizers hope Harris will be more flexible with cryptocurrency. Alleging securities law breaches, the SEC has focused on big participants in the sector like Coinbase and Ripple.

Reacting to the SEC’s activities, several industry titans have heavily engaged in political influence; companies like Coinbase and Ripple have given $120 million to super political action committees (PACs) like Fairshake, which has attacked the Democratic Party’s posture on cryptocurrencies.

Leaders in the crypto field have already been involved in Harris’s campaign; industry meetings scheduled for July and August have already taken place. Brian Nelson, Harris’s top campaign manager, answered questions about her stance on cryptocurrency at the Democratic National Convention saying she would “support policies that ensure that emerging technologies and that sort of industry can continue to grow.”

The next event coincides with initiatives by another firm, Crypto4 Harris, which last month staged a virtual town hall with Democratic Party legislators, thereby attesting to the industry’s growing support for Harris’ presidential quest.

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According to the statement, Anboto Labs received a total of $3 million in investment in the third quarter. It was stated that with the addition of these investments to the $1.9 million fund he collected last year, the company’s valuation reached $35 million. Guillaume Forcade, the company’s founding partner, said about this development, “We have been earning revenue since day one, and today we are excited to introduce our application platform to a wider audience of experienced traders.”

Anboto Labs announced that the newly launched platform passed through an 18-month closed beta period and recorded a transaction volume of $4 billion on 20 exchanges and blockchain networks. The company emphasized that it allows users to register without a customer recognition process, adjust multi-factor authentication, and whitelist their IP addresses securely while offering various execution algorithms such as TWAP, VWAP and iceberg to optimize the trading experience.

In the coming months, Anboto Labs announced plans to expand trading features such as OTC services with the aim of “democratizing access to institutional-level execution tools for all crypto traders.” This stands out as a significant step taken to increase the company’s interaction in the sector and make crypto trading more accessible.

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