Ripple co-founder Chris Larsen has donated over $11.8 million to political action committees supporting Vice President Kamala Harris’s presidential campaign.

According to CNBC, the donations include $9.9 million to Future Forward PAC and $800,000 to the Harris Victory Fund, making Larsen one of the largest donors from the crypto industry this election cycle. 

Larsen’s contributions reflect his confidence in Harris’s understanding of the innovation economy, influenced by their shared Bay Area roots.

In response to the news, Larsen posted on X, “It’s time for the Democrats to have a new approach to tech innovation, including crypto.”

Per CNBC, Larsen explained that Harris’s background and connections in the tech industry align with his vision of promoting U.S. leadership in technological innovation. 

In August, Larsen also made a $1 million donation in XRP (XRP) tokens to her campaign.

Larsen, worth $3.1 billion, has become a notable figure in political fundraising, making significant contributions across the political spectrum in recent years. His support for Harris is based on her policies regarding economic

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Author: Micah Zimmerman