Chris Larsen suggested that Democratic lawmakers could have a “new approach to tech innovation” under a Kamala Harris presidency starting in 2025.
Chris Larsen, the co-founder and executive chair of payments firm Ripple, has donated $10 million to a political action committee (PAC) supporting Democratic Vice President Kamala Harris in the 2024 United States presidential election.
In an Oct. 21 X post, Larsen confirmed that he contributed $10 million in XRP to Future Forward USA, a super PAC supporting the Democratic presidential candidate. The announced contribution followed the Ripple co-founder donating $1 million to Future Forward in August — one of the first significant crypto contributions supporting Vice President Harris’ candidacy.
According to Open Secrets, Future Forward has raised more than $200 million to support Harris against Republican candidate Donald Trump. Since calling Bitcoin a “scam,” the Republican candidate has claimed he intends to support crypto miners, oppose issuing a central bank digital currency, and fire Securities and Exchange Commission Chair Gary Gensler if reelected.
In response to Larsen’s donation, Ripple CEO Brad Garlinghouse said the company “will continue to engage with both Democrats and Republicans” supporting pro-crypto policies in Congress. However, many of the reactions on X seemed to criticize the Ripple co-founder’s support of Vice President Harris, framing digital assets as a partisan issue.
