Nigel Farage has invested in Kwasi Kwarteng’s bitcoin reserves company, as the leader of Reform UK aligns himself closer with the cryptocurrency industry.

The MP has invested £215,000 in Stack BTC, the crypto business that is chaired by the former Conservative chancellor.

Farage, who has long courted the UK’s crypto sector, said he was delighted to have “become an investor in Stack” and “lend my support to the team”.

“I have long been one of the UK’s few political advocates for bitcoin, recognising the role digital currencies will play in the future of business and finance,” he said in a statement. “I believe that we can and should be a major global hub for the crypto industry.”

It comes as Reform, which has received…