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).

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.

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