- Chris Larsen’s $10M XRP donation to Harris highlights the growing role of crypto in political funding and innovation.
- Larsen believes Harris understands tech well, which is crucial for driving the Democratic Party's innovation agenda.
- The crypto industry shows diverse political support, with significant donations going to both Harris and Republican candidates.
Big Money in Political Donations
Larsen’s $10 million contribution to the Future Forward super PAC is part of a larger trend. This PAC raised over $100 million last month alone. Notably, other major contributions included $10 million from Dustin Moskovitz and $9 million from a nonprofit called Evidence for Impact.
Understanding the Crypto Influence
Larsen’s support for Harris stems from her understanding of the tech industry. He believes she has a solid grasp of the innovation economy, especially given her Bay Area roots. In conversations with her campaign, he found a shared vision that aligns with the interests of the crypto sector. “She knows people who have grown up in the innovation economy her whole life,” Larsen explained. This insight underscores the connection between technological innovation and political leadership.