Larsen's $22.5M Political Wallet: Ripple's Chairman Goes Heavy on Dems, Clean Energy, and Crypto
Back to feed

Larsen's $22.5M Political Wallet: Ripple's Chairman Goes Heavy on Dems, Clean Energy, and Crypto

Ripple Executive Chairman Chris Larsen has donated at least $22.5 million to federal candidates and super PACs during the current U.S. election cycle, according to Federal Election Commission records. The longtime Democratic megadonor is channeling funds into issues including artificial intelligence, clean energy, cryptocurrency policy, and tax policy aimed at the ultra-wealthy.

The largest single contribution reported in the FEC data was a $6 million donation to the Invest in Tomorrow Coalition PAC, a super political action committee that backs pro-clean-energy candidates and opposes lawmakers who vote against renewable energy incentives. Larsen has also contributed to efforts supporting The Campaign for Democracy, which he is publicly associated with, alongside other federal candidates and committees.

Larsen's increased political spending comes as midterm elections approach and as policy debates around digital assets, artificial intelligence, and energy transition continue to draw heavy lobbying from the technology and finance sectors. FEC disclosures indicate the $22.5 million figure represents contributions made directly to federal candidates and super PACs in the cycle to date.

The donations underscore Ripple's broader push to shape regulatory and legislative outcomes in Washington, where the company has long advocated for clearer digital asset oversight. Larsen has signaled plans for additional contributions as the cycle progresses.

All figures in this report are sourced from U.S. Federal Election Commission filings as reported by The Coin Republic and have not been independently re-verified.

Mentioned Coins

$XRP
Share:
Publishercryptonewsroom.xyz
Published—
CategoryRegulation

Disclaimer: This content is for information and entertainment purposes only. It does not constitute financial, investment, legal, or tax advice. Always do your own research and consult with qualified professionals before making any financial decisions.

See our Terms of Service, Privacy Policy, and Editorial Policy.