Ripple Labs, a cryptocurrency company, donated $25 million to the pro-crypto super political action committee (PAC) Fairshake. This donation aims to increase the digital asset industry’s influence in Washington, D.C. Fairshake is known for collecting campaign donations from corporations and wealthy individuals and distributing the funds to political candidates who support the donors’ interests.
Ripple Labs CEO, Brad Garlinghouse, announced that the company would donate another $25 million to Fairshake to support the election of “pro-crypto, pro-growth, and pro-innovation” legislators during the 2026 U.S. midterm elections. Ripple Labs has donated a total of $75 million to Fairshake in the past year.
This move showcases the company’s commitment to deepening its influence in Washington, D.C., where Ripple Labs has consistently advocated for a comprehensive digital assets regulatory framework and clashed with federal regulators. Ripple Labs’ Chief Legal Officer, Stuart Alderoty, emphasized the company’s dedication to being a top-tier supporter and a strong force in D.C.
for years to come. Fairshake’s significant funding has enabled it to influence U.S. congressional races, and its donations have been successful in helping its supported candidates win elections. With the latest donations from Ripple Labs and other supporters, Fairshake has amassed at least $73 million for the 2026 U.S.
midterm elections.
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