Ripple Labs has donated $25 million to pro-crypto super political action committee (PAC) Fairshake in a bid to deepen the digital asset industry’s newly bought influence in Washington, D.C.
A super PAC collects campaign donations from corporations and affluent individuals and distributes the funds to political candidates who are likely to defend its donors’ interests on Capitol Hill.
Ripple Labs CEO Brad Garlinghouse said Tuesday in an X post that his firm would donate another $25 million to Fairshake to support the election of “pro-crypto, pro-growth and pro-innovation” legislators during the 2026 U.S. midterm elections. The crypto payments company’s latest donation to Fairshake comes just weeks after the super PAC proved…
Jan 11 2025
