Ripple Co-Founder Backs Kamala Harris for President
Chris Larsen, co-founder and executive chairman of Ripple, has joined a group of influential figures endorsing Vice President Kamala Harris for the presidency.
On September 6, CNBC reported that Larsen signed a letter backing Harris’s presidential bid. The letter, which was endorsed by 88 prominent business leaders, also included notable signatories like Aaron Levie, CEO of Box, Yelp CEO Jeremy Stoppelman, Snap chairman Michael Lynton, and former 21st Century Fox CEO James Murdoch.
The endorsement follows the recent departure of Gene Sperling, a former Ripple board member, from the White House to join Harris’s 2024 campaign.
Sperling, who has a history of serving as an economic adviser under several U.S. presidents, is among several advisers with connections to the crypto industry now supporting Harris. David Plouffe, a former adviser to Binance and Alchemy Pay, has also joined Harris’s campaign team.
READ MORE: Cardano Founder Rejects Proposal for Treasury Token Burn
As the U.S. presidential election approaches, the impact of the election outcome on the crypto sector is a growing topic of speculation. Ripple CEO Brad Garlinghouse has suggested that key regulatory figures, such as SEC Chair Gary Gensler, may need to step down regardless of the election’s outcome.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
