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Crypto firms lead US corporate political donations with $193M war chest, Ripple second largest donor this cycle.

Market News
27 Jul 2026, 16:30 WIB
Crypto news
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Neutral
Crypto firms lead US corporate political donations with $193M war chest, Ripple second largest donor this cycle.

Crypto industry dominates US corporate political donations in 2026, contributing about $193 million through super PACs like Fairshake, funded mainly by Ripple, Coinbase, and Andreessen Horowitz. Ripple alone has donated around $48 million, making it the second-largest corporate donor this cycle. This political spending aims to influence legislation favorable to crypto, notably a key market-structure bill pending in the Senate. With $110 million still unspent and midterm elections approaching, the crypto sector is poised to continue shaping US political outcomes and regulatory environments.

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