Harris PAC's $1 million contribution from Ripple's Chris Larsen shows crypto industry warming to VP

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Ripple co-founder Chris Larsen recently gave $1 million worth of XRP tokens to a super PAC that's supporting the vice president's run for the White House.

Ripple co-founder Chris Larsen gave $1 million worth of XRP tokens to Future Forward, a super PAC that's supporting Vice President Harris' run for the White House.

Close to two-thirds of crypto contributions have gone either to supporting Republicans or opposing Democrats, according to Delmore's compilation of FEC data. Trump has received more than $4 million in virtual tokens, an$1 million to Democratic Pennsylvania Gov. Josh Shapiro in December, and almost $7,000 in February to John Deaton, the Massachusetts Republican who's taking on Democratic Sen. Elizabeth Warren, a vocal crypto critic.

And then there's venture capitalist Ben Horowitz, who maintains a sizable portfolio of crypto companies. The Andreessen Horowitz co-founder and his partner Marc Andreessen said in July they were planning to make significant donations to PACs supporting Trump's run for president due to what they characterized as his friendliness to the "little tech agenda.", Horowitz appeared to have had a change of heart.

 

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