Claim BonusRipple, Coinbase, Kraken Raises $78M To Elect Pro-Crypto Candidates
Crypto firms including Ripple, Coinbase, Kraken and individuals Brian Armstrong, Fred Wilson, and Winklevoss twins are donating millions to elect pro-innovation and pro-crypto political candidates going into 2024 congressional elections.
The crypto industry will be making an effort to elect a pro-crypto president who will help bring regulatory clarity and prevent irrational SEC complaints.
Crypto Leaders Such as Ripple & Coinbase Raise Over $78 Million
Crypto and blockchain leaders have raised over $78 million to support the election of pro-crypto candidates and the enactment of policies that support responsible and fair rules.
According to a Coinbase blog, merely 9% of Americans are satisfied with the current system and the donation ensures support to the 52 million Americans holding digital assets and want a fair shake at the American Dream.
Fairshake Super PAC announced their fundraising efforts for political candidates in the forthcoming congressional 2024 elections.
The list of supporters includes Andreessen Horowitz, Ark, Brian Armstrong, Blockchain Capital, Wences Casares, Circle, Coinbase, Ron Conway, Cumberland, Framework Ventures, Hunter Horsley, Jump Crypto, Kraken, Lightspark, Messari, Multicoin Capital, Paradigm, Potter Ventures, Ripple, Fred Wilson, Cameron Winklevoss, and Tyler Winklevoss.
Ripple CEO Brad Garlinghouse took to X to announce that the company is leading the charge with other industry leaders to support pro-innovation and pro-crypto candidates. He added that the U.S. can not afford to lose in global innovation race.
He blamed the U.S. government and regulators, especially the SEC, for regulatory overreach pushing the crypt industry out of the U.S., with other countries taking benefit of it.
“We need to advance leaders who will champion innovation and spearhead paths towards responsible regulation. 2024 is the time to go back to first principles by encouraging initiatives to promote transparency, innovation and a compliance-first approach. Team Ripple and I won’t squander it,” he said.
Also Read: Athur Hayes Predicts Bonk Flipping Shiba Inu; Shibarium Burns Another 8 Bln SHIB
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Michael Saylor Hints at Another Strategy BTC Buy as Bitcoin Drops Below $68K
- Expert Says Bitcoin Now in ‘Stage 4’ Bear Market Phase, Warns BTC May Hit 35K to 45K Zone
- Bitcoin Price Today As Bulls Defend $65K–$66K Zone Amid Geopolitics and Tariffs Tensions
- XRP Realized Losses Spike to Highest Level Since 2022, Will Price Rally Again?
- Crypto Market Rises as U.S. and Iran Reach Key Agreement On Nuclear Talks
- COIN Stock Price Prediction: Will Coinbase Crash or Rally in Feb 2026?
- Shiba Inu Price Feb 2026: Will SHIB Rise Soon?
- Pi Network Price Prediction: How High Can Pi Coin Go?
- Dogecoin Price Prediction Feb 2026: Will DOGE Break $0.20 This month?
- XRP Price Prediction As SBI Introduces Tokenized Bonds With Crypto Rewards
- Ethereum Price Rises After SCOTUS Ruling: Here’s Why a Drop to $1,500 is Possible
