Ripple Co-founder Endorses Harris for President

Chris Larsen, co-founder and senior executive at Ripple, has reportedly signed a letter endorsing Kamala Harris as president. The story, first shared by CNBC, claims Larsen and over 80 corporate executives gave the nod for Harris’s ambitions in November.

Some of the executives alleged to have signed the letter include former 21st Century Fox CEO James Murdoch, Yelp CEO Jeremy Stoppelman, and BOX CEO Aaron Levie. This news comes weeks after Ripple board member Gene Sperling left the White House to join Harris’s election bid.

Crypto Industry Support Grows for Harris Amid Key Endorsements

As per the CNBC report, these executives believe that in Harris, “the business community can be confident that it will have a president who wants American industries to thrive.” Larsen’s support for Harris comes amid her growing popularity within the crypto space.

David Plouffe, a former Binance executive, recently joined Harris’s campaign. Both Trump and Harris have identified the crypto industry as an important demographic. Trump made a surprising appearance at the Bitcoin Conference in Nashville.

Source: X

Trump has also secured support from top Wall Street and private-sector backers, including SpaceX and X CEO, Elon Musk, and Cantor Fitzgerald CEO Howard Lutnick.

Trump to Make the US capital of crypto

While speaking at the Economic Club of New York on Thursday, September 5th, the billionaire businessman said, “Instead of attacking industries of the future, we will embrace them, including making America the world capital of crypto and Bitcoin.”

Source: X

Trump also pledged to appoint Musk to lead a new government-backed task force on digital assets. The former US leader explained that the task force would be a “government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government, making recommendations for drastic reforms.”

Musk further added in a tweet. “I look forward to serving America if the opportunity arises. No pay, no title, no recognition is needed.”

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