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).

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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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Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.