Ripple Co-Founder Donates $1M in XRP to Kamala Harris

Also Read: Ripple Co-Founder Endorses Kamala Harris for President

Ripple’s Chris Larsen Makes $1 Million Donation to Kamala Harris

2024 has proven to be the first time that cryptocurrencies have become a popular political point of debate. Donald Trump and Kamala Harris are seeking to be elected to take over the Oval Office this November. Amid their campaigns, both sides have addressed the growing industry.

Amid her recent discussions on the industry, Ripple co-founder Chris Larsen has donated $1 million in XRP to Kamala Harris and her campaign. The move was made after Larsen publicly endorsed the current Vice President in a joint letter. The letter was published in September and featured the signatures of 88 other executives.

Also Read: FET Skyrockets with Kamala Harris’s AI and Crypto Endorsement

Larsen remains a fixture in the crypto space. He founded the company as OpenCoin in 2012. Four years later, he stepped down as the company’s CEO, being replaced by current head Brad Garlinghouse. However, Larsen has remained the company’s executive chairman.

In late September, Harris signaled a shift to her position. Indeed, a policy document claimed she would “encourage innovative technologies,” like crypto. The move countered Trump’s consistent pro-crypto approach.