Ripple’s contribution: Less than 30 days after the US elections, Ripple announced a donation of 25 million USD to a crypto-supportive PAC. Ripple CEO, Brad Garlinghouse, stated that this donation is intended to help elect crypto-supportive candidates in the future. This indicates their push for regulatory and development support in the industry.

Ripple’s donation history: Ripple had previously donated 45 million USD to this PAC before the 2024 elections, making it one of the largest donors to Fairshake alongside other major crypto exchanges. This PAC has approximately 103 million USD ready for the 2026 electoral cycle. It is one of the most financially demanding PACs in the 2024 elections.

Political influence: Although the PAC claims to support candidates from both sides, the recent election results led to the Republican Party controlling the administration. This suggests potential changes in crypto policy, with new regulations possibly being considered by Congress, such as the financial and technology innovation act.

Strategy for the future: Fairshake’s efforts in the coming years focus on removing political figures skeptical of crypto. The first target is the Ohio Senate race in 2024. Garlinghouse shows no sign of contributing to Donald Trump’s campaign but commits to promoting crypto in the US.