Ripple co-founder Chris Larsen has donated at least 22.5 million USD during this round of the U.S. election cycle

Chris Larsen, co-founder of Ripple and crypto billionaire, is increasing his investment in the U.S. political arena. Disclosure data shows that during this midterm election cycle, Larsen has directly donated at least $22.5 million to federal candidates and super political action committees (super PACs), and plans to further increase his contributions.

Currently, Larsen has become one of the important donors in U.S. federal politics, with areas of focus including artificial intelligence, clean energy, cryptocurrency, and wealth taxes. He has previously been an active political donor in the U.S. technology and cryptocurrency sectors.