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Fox Business reporter Eleanor Terrett revealed that San Francisco-based blockchain firm Ripple co-founder Chris Larsen donated $1 million to support Kamala
Kamala Harris, the Vice President of the United States, has been actively courting the crypto space in her bid to secure the presidency. Now, new filings with the Federal Election Commission (FEC) show that a top crypto figure has made the first documented donation to her campaign.
According to the filings, Chris Larsen, the co-founder of San Francisco-based blockchain firm Ripple, donated $1 million to Future Forward USA, one of the leading super PACs supporting Harris. The donation was made in XRP, the native token of the Ripple network.
Larsen is a prominent figure in the crypto space, and his donation to Harris’s campaign is likely to be seen as a significant show of support from the crypto community. Harris has been relatively supportive of the crypto space, and she has previously met with Larsen and other crypto executives to discuss regulatory issues.
Harris is currently trailing former US President Donald Trump in the betting markets. On the well-known betting platform Polymarket, Harris's winning odds are at 30.2%, while Trump's odds stand at 41%. This puts Trump's odds of winning the presidency at 71.4%, while Harris has only a 28.6% chance of winning, according to the betting platform.
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