- Ripple co-founder Chris Larsen has donated $10M in XRP to support Vice President Kamala Harris’s campaign
- Crypto donations have reached over $200M in this election cycle, supporting both major parties
- Larsen is among the top individual crypto donors, previously contributing $1.75M to a Democratic PAC
Ripple co-founder Chris Larsen has donated another $10 million in XRP to support Vice President Kamala Harris. This makes him one of the top individual donors in the crypto sector for this election cycle.
His contribution is aimed at boosting Harris’s campaign as she faces off against former President Donald Trump in next month’s elections.
While Larsen’s significant donation highlights his personal commitment, the crypto sector as a whole shows diversified political support.
The entire industry has funneled over $200 million into Fairshake, a super Political Action Committee that distributes funds to both major parties, reflecting a broad political alignment.
Federal Election Commission data shows that Larsen previously donated $1.75 million to a PAC associated with the Democratic party.
He also funded Democratic Pennsylvania Governor Josh Shapiro with $1 million last December.
Conclusion
In conclusion, Chris Larsen’s latest donation adds fuel to Kamala Harris’s campaign as the crypto world continues to flex its political influence. With $200M in crypto contributions this election cycle, the lines between tech innovation and politics are blurring fast.
What role do you think crypto will play in shaping future elections? Feel free to share your thoughts!
