Eighty-eight prominent corporate leaders have come together to support US Vice President Kamala Harris’ presidential campaign. Among these influential figures is Chris Larsen, co-founder and executive chairman of Ripple, who added his name to the “strategic” endorsement letter backing the Democratic nominee.
Ripple Co-Founder Shows Support In Endorsement Letter
As the US election season heats up, many public figures, corporate leaders, and politicians are throwing their weight behind candidates. While former President Donald J. Trump has garnered significant support from various industry leaders due to his business-friendly policies, Vice President Kamala Harris has also earned substantial backing, despite not having a clearly defined stance on cryptocurrency.
On Friday, CNBC revealed that eighty-eight corporate leaders had signed a letter endorsing VP Harris. Ripple’s co-founder Chris Larsen was among those who signed, even as Ripple faces ongoing legal issues with the Securities and Exchange Commission (SEC). The primary objective of this letter was not to sway public opinion but to serve as a strategic show of support ahead of the September 10 debate against Republican candidate Donald Trump.
The endorsement letter underscores the signers’ belief that Harris represents the best path forward for maintaining the strength, security, and reliability of the US democracy and economy. It emphasizes that Harris’ election would foster a sound business environment, bolstered by the backing of the business community.
Notable signatories include high-profile CEOs such as Aaron Levie of Box and Jeremy Stoppelman of Yelp. Other significant figures include Dan Schulman, the former CEO of PayPal, and James Murdoch, the former CEO of 21st Century Fox.
More Figures Endorse Kamala Harris’ Campaign
Billionaire entrepreneur Mark Cuban has also joined the ranks of those endorsing Harris. Cuban has previously participated in various initiatives by the crypto community, including Crypto4Harris, which aimed to advocate for Harris and promote a friendly stance towards the cryptocurrency sector.
Global leaders are also voicing their support for Harris. On Thursday, Russian President Vladimir Putin endorsed the Democratic candidate’s campaign. During the Eastern Economic Forum (EEF), Putin revealed that the Russian government would follow President Joe Biden’s recommendation to support Kamala Harris. He even complimented Harris’ distinctive laugh, noting it as a sign of positivity.
The increasing support for Harris comes amid reports of her campaign accepting cryptocurrency donations. Recently, it was disclosed that Harris’ campaign was using Coinbase’s Commerce platform to facilitate these donations. However, it was later clarified that the donations were being accepted through the Democratic nominee’s official political action committee (PAC), Future Forward, rather than directly by Harris’ campaign. This move suggests a potentially more crypto-friendly direction for Harris’ campaign.
The total cryptocurrency market capitalization currently stands at $1.9 trillion, reflecting the growing influence and acceptance of digital assets in mainstream politics and business.
As the election approaches, the backing of such influential figures and the potential shift towards cryptocurrency could play a significant role in shaping the future of the US political and economic landscape.
