Chris Larsen's Major Crypto Donations for 2024 Election

Chris Larsen, co-founder of Ripple, has become a major donor in the 2024 U.S. presidential election, contributing over $11.8 million to support Vice President Kamala Harris's campaign. Larsen's donations include $10 million worth of XRP to the Future Forward PAC and $800,000 to the Harris Victory Fund, positioning him as one of the largest individual contributors from the crypto industry this cycle. Larsen emphasized the need for Democrats to adopt a new approach to tech innovation, particularly in the crypto sector, expressing confidence in Harris's ability to lead this change. Despite his significant support for Harris, Larsen has contributed to candidates across party lines, reflecting the crypto industry's diverse political engagement. Ripple CEO Brad Garlinghouse stated the company will continue to engage with both Democrats and Republicans to promote pro-crypto policies. The crypto industry has significantly increased political contributions compared to previous elections, with over $200 million funneled into political activities for 2024.