policy

Ripple Co-Founder's PAC Backs Winner in Colorado Democratic Primary

A Democrat funded by $1M from a Ripple co-founder's crypto PAC won Colorado's primary and heads to November's general election.

Crypto money just scored a win at the ballot box. Colorado's Democratic and Republican primaries wrapped up Tuesday, and at least one candidate backed by a crypto-aligned political action committee is moving on to the November general election.

The PAC in question received $1 million from a Ripple co-founder, making it one of the more notable crypto-funded political plays of this election cycle. That kind of cash in a primary race is a serious signal — the industry isn't just lobbying anymore, it's picking winners.

Read more Europe's MiCA Crypto Law Hits Three Years and Faces a Rethink →

This isn't a one-off. Crypto PACs have been increasingly aggressive about backing candidates across party lines, and a Democrat winning with that support shows the strategy isn't purely a right-leaning play. If you trade XRP or follow Ripple's ongoing regulatory battles, you should care who's in office.

The November matchup is still ahead, and this candidate now carries both a party nomination and a well-funded crypto ally into the general. Watch how opponents frame that support — it could become a liability or a badge of honor depending on how the broader crypto regulatory narrative evolves before Election Day.

Continue reading at Cointelegraph

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Frequently Asked Questions

Q.How much money did the Ripple co-founder's PAC put into the Colorado race?

The crypto-aligned PAC received $1 million from a Ripple co-founder to support candidates in Colorado's primary elections.

Q.Which party's candidate did the Ripple-backed PAC support in Colorado?

The PAC backed a Democratic candidate, who won their primary and will advance to the November general election.

Q.What election comes next for the crypto-backed Colorado candidate?

After winning the Democratic primary, the candidate moves on to Colorado's November general election.

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