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Crypto

Ripple Co-Founder Backs Kamala Harris for Presidency, Not Donald Trump

By admin
0 6

Chris Larsen, co-founder of the blockchain platform Ripple, has joined an elite group of business leaders endorsing Vice President Kamala Harris for the upcoming presidential election.

Larsen’s backing aligns with a broader move by key figures in corporate America to support Harris.

Ripple’s Chris Larsen Supports Kamala Harris

The endorsement letter includes notable names such as James Murdoch, former CEO of 21st Century Fox, and Aaron Levie of Box, among others from various industries. They emphasize Harris’ commitment to advancing policies that promote business stability, innovation, and fair regulations.

Larsen’s involvement is particularly significant, as the Ripple executive has been a vocal advocate for responsible blockchain regulation and innovation. His support for Harris signals confidence in her leadership, particularly in issues surrounding technology, finance, and economic growth.

Meanwhile, Ripple’s CEO Brad Garlinghouse pointed out that although Republicans have shown greater support for cryptocurrency lately, some prominent Democrats recognize the importance of these technologies in preserving US leadership in the tech industry.

“Technology should be bipartisan… I think we will see it become more so as the election continues,” Garlinghouse said.

Harris, the Democratic nominee, has highlighted her focus on bolstering small businesses and fostering private-sector investment. This resonates with the business community, which is seeking clear, predictable policies amidst growing economic uncertainty.

With the election drawing near, the political divide between Kamala Harris and former president Donald Trump has grown, particularly on issues of tax policy and corporate governance. Trump’s agenda includes tax cuts and deregulation, which has him leading in the polls, while Harris seeks to balance corporate growth with social equity.

2024 Election Forcast. Source: Polymarket

Larsen’s endorsement adds weight to Harris’ campaign, as she aims to consolidate support from key sectors ahead of the pivotal election debates.

Source

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