Ripple co-founder Chris Larsen recently made a significant political donation, donating $10 million in XRP to Vice President Kamala Harris’ 2024 re-election campaign. The transfer was directed by the Future Forward USA PAC and is intended to support Harris’ candidacy. Larsen expressed his belief that Harris will advance technology and innovation in the United States, including the cryptocurrency sector. Ripple CEO Brad Garlinghouse noted that Ripple is open to working with leaders of both parties to support pro-cryptocurrency policies.

Reactions from the cryptocurrency community have been mixed, with some seeing this as Ripple’s political support, which could have implications for the future administration’s cryptocurrency policymaking.