Ripple Executive Chairman Chris Larsen gave $76,300 to two Democratic joint fundraising committees tied to Senate efforts in Michigan and Ohio; the filings name several participants in each.
Federal Election Commission (FEC) records list a $57,800 contribution to Abdul for Michigan Victory Fund and an $18,500 contribution to Ohio Grassroots Victory Fund. Both receipts are dated Sept. 30, 2026, bringing the combined amount to $76,300.
The Michigan committee lists Abdul for U.S. Senate, the Michigan Democratic State Central Committee and the Democratic Senatorial Campaign Committee as participants. The Ohio committee lists Friends of Sherrod Brown, Ohio Democratic Party - Federal, America Works Federal PAC and the Democratic Senatorial Campaign Committee.
Each recipient is a joint fundraising committee, which collects money for multiple political participants. Under FEC guidance, participating committees have to agree in writing on how they will divide proceeds and expenses. The committee summaries do not state how Larsen’s individual contributions were apportioned among the listed participants.
The filings identify the pooled committees that received the payments and the organizations participating in them, but do not establish how much any one campaign or party group ultimately received from Larsen’s contributions. They also do not establish the donations’ effect on either Senate race.
Estimates of Larsen’s broader 2025-26 election-cycle giving vary. Bloomberg News reported Oct. 9 that his contributions to federal candidates and super PACs totaled at least $22.5 million. Reuters reported Oct. 27 that its analysis counted at least $14.6 million, excluding routine transfers from joint fundraising committees and donations to undisclosed “dark money” nonprofits.
The reports do not reconcile their totals transaction by transaction. In a Bloomberg News interview, Larsen said, “You’ve got to be showing up cycle after cycle after cycle.”
The next regularly scheduled federal general election is Tuesday, Nov. 3, 2026.
