Chris Larsen Pledges $10M in XRP to Support Kamala Harris's 2024 Campaign

In a noteworthy development in the lead-up to the 2024 U.S. presidential elections, Chris Larsen, co-founder of Ripple, has pledged a significant $10 million in XRP

Chris Larsen, co-founder of Ripple, has pledged a substantial $10 million in XRP to support Kamala Harris's campaign for the 2024 U.S. presidential elections.

As the Democratic candidate prepares to face Donald Trump, this significant contribution is aimed at bolstering her efforts. Larsen announced his decision on X (formerly Twitter), highlighting the need for Democrats to adopt a fresh perspective on technological innovation, particularly in the realm of cryptocurrency.

Harris and Trump have notably divergent views on cryptocurrency. While Trump has expressed support for its growth within the United States, Larsen and other influential figures in the industry are aligning themselves with Harris.

Larsen's donation to Harris is part of a broader trend in the 2024 election cycle, where cryptocurrencies are taking center stage in political discussions. With the asset class experiencing remarkable growth this year, calls for clearer regulations have intensified, and candidates are increasingly recognizing its importance as a pivotal issue.

“It's time for the Democrats to embrace a new approach to tech innovation. I believe [Kamala Harris] will ensure that American technology leads globally, which is why I'm donating $10 million in XRP in support of her,” Larsen stated in his announcement.

In addition to this donation, Larsen's previous contributions include over $11.8 million to political action committees (PACs) that support Harris's candidacy, making him a key supporter of her presidential aspirations.

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