Coinbase $50M, Ripple $49M Among $100 Million in Crypto Contributions to Influence 2024 U.S. Presidential Election

Major cryptocurrency firms, including Coinbase and Ripple, have collectively contributed over $100 million to influence the upcoming 2024 U.S. presidential election, according to Public Citizen. The contributions include $50 million from Coinbase, $49 million from Ripple, $15 million from Jump Crypto, and $1.75 million from Andreessen Horowitz. This significant financial backing from the crypto sector underscores the industry's growing involvement in political processes as they seek to shape regulatory frameworks and public policy related to digital currencies.