Ripple Co-Founder to Donate $10M in XRP to Kamala Harris

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

Ripple’s Chris Larsen Announces $10 Million Donation to Harris Campaign

The 2024 US elections have seen cryptocurrencies dominate discussions unlike ever before. The emerging asset class has thrived this year. Therefore, the need for regulatory clarity has never been stronger. With that becoming a necessary aspect of US policies, the industry has become a vital battleground for candidates.

To this point, Donald Trump has emerged as increasingly pro-crypto. He has embraced the asset class in a way no candidate ever has. Throughout his campaign, he has advocated for its evolution within the United States. Yet, that hasn’t stopped some titans of the industry from speaking up for his opponents.

Also Read: Ripple: AI Sets XRP Price For October 25, 2024

That is what Ripple co-founder Chris Larsen has done, as he has announced his donation of $10 million in XRP to the Kamala Harris campaign. In his announcement, he noted the importance of technological innovation in the country. Moreover, he championed Harris’s potential in that regard.

“It’s time for the Democrats to have a new approach to tech innovation,” Larsen said. “I believe [Kamala Harris] will ensure that American technology dominates the world, which is why I’m donating $10M in XRP in support of her.”

To this point, Larsen has become one of the most ardent supporters of Harris. That is clearly shown in campaign donation records, where he has donated more than $11.8 million to PACs that support her candidacy. This latest effort only fortifies his commitment to her potential as US president.