Ripple Dumps $48M into Super PAC to Secure Crypto Legislation
Ripple has become one of the largest corporate political donors in the United States this election cycle.
The company, led by CEO Brad Garlinghouse, has contributed about $48 million to the industry's leading super PAC network, Fairshake, and its affiliated committees.
This figure puts Ripple among the country’s largest corporate political donors, ranking slightly behind Andreessen Horowitz at roughly $51.65 million.
Fairshake operates through three organizations: a flagship super PAC that supports candidates from both parties, Protect Progress, which backs Democrats, and Defend American Jobs, which supports Republicans.