Ripple Donates $25 Million to Political Group Supporting Crypto-Friendly Candidates

Ripple CEO Brad Garlinghouse recently announced a $25 million contribution to the pro-crypto PAC Fairshake, aimed at supporting pro-growth and pro-innovation candidates ahead of the 2026 mid-term elections.

This donation follows Ripple’s earlier $25 million contribution in 2023, as part of the company’s ongoing effort to back policies that promote financial innovation in the U.S.

Fairshake has seen significant success, spending over $130 million in the recent elections to back more than 50 congressional races, positioning the U.S. to potentially have its most pro-crypto Congress ever.

Ripple’s involvement is part of a broader industry push for favorable crypto policies, with the firm also launching the first tokenized money market fund on the XRP Ledger (XRPL).

READ MORE:

Uniswap Offers $15.5 Million Reward for Finding Vulnerabilities in New Upgrade

Ripple’s Chief Legal Officer, Stuart Alderoty, reaffirmed the company’s dedication to supporting Fairshake, stating that crypto innovation will continue to play a significant role in Washington, especially with the potential creation of a crypto-focused White House role.

Source

Alexander Zdravkov