Ripple Co-Founder's $1M PAC Bet Pays Off in Colorado Primary
A Democrat backed by a Ripple co-founder's crypto PAC won the Colorado primary, setting up a crypto-funded run in November.
Crypto money just scored a win at the ballot box. Colorado wrapped its Democratic and Republican primaries on Tuesday, and at least one candidate bankrolled by a crypto-aligned political action committee is heading to the November general election.
The PAC tied to a Ripple co-founder dropped $1 million behind this Democrat — and it worked. That's not a rounding error. That's a serious bet that the crypto industry is doubling down on electoral politics, and it's starting to pay dividends.
Read more White House Has No Democratic Picks for SEC and CFTC Seats →
This isn't just a local story. It's a signal. Deep-pocketed crypto backers are picking specific races, writing big checks, and moving needles. If you've been watching how the industry navigates Washington headwinds, this is the other strategy — go around Congress by reshaping who's in it.
One primary win doesn't flip the policy landscape overnight, but it tells you where the industry thinks leverage lives right now. Watch November. If this candidate wins the general, expect crypto PAC spending to accelerate across every competitive district in 2026.
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