Larsen believes Democrats must “take a new approach” to technological innovation.
The executive has shown open support for Kamala Harris in her presidential race.
Chris Larsen, co-founder of Ripple, donated $10 million in XRP tokens to Vice President Kamala Harris’ campaign. Larsen believes that the Democratic candidate “will ensure that American technology dominates the world.”
The donation announcement was made through the official X de Larsen account, where pointed out: “It is time for Democrats to take a new approach to technological innovation, including cryptocurrencies.”
“I believe Kamala Harris will ensure that American technology dominates the world, which is why I will donate $10 million in XRP to support her,” Larsen said. Based on the current price of $0.54 per XRP, The donation is equivalent to more than 18,500 XRP.
This is not the first time Larsen has shown public support for Kamala Harris. Along with 80 corporate leaders, Larsen had already announced his support for the Democratas reported by CriptoNoticias. In response to this position, Brad Garlinghouse, CEO of Ripple, express: “I respect Chris’s right to support whoever he believes is best to lead the United States.”
Garlinghouse added: “We need to immediately change the course of this administration’s misguided war on cryptocurrencies.” The manager stated that Ripple will continue to interact with Democrats and Republicans in the final days of the campaigns and after the elections to promote pro-cryptocurrency policies.
“This is not about party lines, but about advocating for policies that drive innovation in the cryptocurrency space,” Garlinghouse stated.
Cryptocurrencies have been a key issue in the United States elections. Both Trump and Harris They have sought to approach the sector in different ways. Trump has been more open to the digital asset ecosystem, while Harris has shown a more cautious stance.
The donation from the co-founder of Ripple to Kamala Harris stands out in an electoral context in which the cryptocurrency community and platforms like Polymarket take it for granted. a favorable outcome for Donald Trump. According to Polymarket odds, Trump has a significant lead with a 61.9% chance of winningcompared to 38% for Harris.
Of course, despite Polymarket’s predictions, Larsen and others in the cryptocurrency industry continue to support Harris, positioning cryptocurrency technology as central issues in American politics, regardless of the probabilities of victory at the polls.
This article was created using artificial intelligence and edited by a human Editor.
