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Ripple Donates $25M to Fairshake PAC, Total Funding Over $110M
May 29, 2024, 09:01 AM
Ripple has made a significant contribution to the pro-crypto political action committee Fairshake, donating an additional $25 million. This brings Fairshake's total funding to over $110 million ahead of the 2024 U.S. elections. The financial backing, which includes contributions from other affiliates, signals strong support for crypto-friendly legislation. TD Cowen suggests this financial influence could boost the passage of stablecoin-related bills. Ripple is now Fairshake's largest donor.
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