• Ripple’s executives showcase dual political support, backing both Kamala Harris and Donald Trump in the 2024 election.
• Stuart Alderoty donated $300,000 worth of XRP to Donald Trump’s 2024 campaign, highlighting diverse political affiliations within Ripple.

Chris Larsen, Ripple’s co-founder, has officially endorsed Vice President Kamala Harris in her campaign for the 2024 US presidential election. Larsen was among 88 significant business leaders who signed a statement in support of Harris, emphasizing that her policies will ensure democracy and economic stability.

Mark Cuban, Barry Diller, and Reid Hoffman are among the famous personalities who have voiced faith in Harris ability to lead the nation toward a more predictable and fair economic environment.

Ripple Executives Show Political Diversity

This support illustrates the expanding engagement of the tech and crypto sectors in American politics, since the Harris campaign has already received significant attention from key players in these fields.

Larsen’s choice to support Harris is consistent with his longstanding views on business-friendly policies and the future of technology. Furthermore, Gene Sperling, a former Ripple board member, has joined the Harris campaign team, cementing the link between Ripple and her presidential candidacy.

Meanwhile, as we previously reported, Ripple’s General Counsel, Stuart Alderoty, has made a major political gift to another candidate: Donald Trump. Some sources show that Alderoty contributed 624,000 XRP (equal to $300,000) to Trump’s 2024 campaign, which was eventually converted into USDC.

This donation highlights a broader pattern of crypto sector elites interacting with both political parties, demonstrating various political loyalties within Ripple.

With Larsen and Alderoty supporting candidates from opposing sides of the political spectrum, Ripple’s impact on the 2024 election is becoming a focus.

Their activities indicate crypto and blockchain leaders’ rising influence on the political environment, implying that the industry will continue to play an important role in defining future policy.