Chris Larsen, co-founder and executive chairman of Ripple, has publicly endorsed Kamala Harris in the 2024 U.S. presidential election, joining a group of 88 corporate leaders in expressing support for the Democratic nominee. The endorsement was announced in a letter signed by prominent business figures and shared by CNBC.
Business Leaders Rally Behind Harris
Among those who co-signed the letter with Larsen are several high-profile business executives, including:
- Jeremy Stoppelman, CEO of Yelp
- Tony James, COO of Blackstone
- Magic Johnson, billionaire athlete and businessman
- Michael Lynton, chairman of Snap
- Dustin Moskovitz, co-founder of Facebook
- Peter Orszag, CEO of Lazard
- Aaron Levie, CEO of Box
The letter argues that electing Harris would help ensure the continued strength, security, and stability of the U.S. democracy and economy. The group of business leaders emphasized her experience and policies, which they believe promote fairness, rule of law, and a favorable environment for business.
Mark Cuban Joins Harris Endorsement
Mark Cuban, billionaire investor and longtime supporter of the crypto industry, also signed the letter. Cuban has been vocal in his support for Harris, particularly praising her for her pro-business stance and individual approach to policymaking.
Cuban, well known for his appearances on the TV show Shark Tank, shared his admiration for Harris on social media platform X (formerly Twitter), noting that she is “redefining the party” and asserting that she is not just following Democratic Party policies but creating her own.
Trump and Harris: The 2024 Race
In the 2024 race, Kamala Harris is currently polling ahead of Republican nominee Donald Trump by an average of three percentage points in national surveys. However, on decentralized prediction platforms like Polymarket, Trump is leading Harris by a single point.
While Harris has not spoken extensively about her stance on digital currencies, some reports suggest she may adopt a more favorable approach to cryptocurrency than current President Joe Biden.
On the other hand, Trump has actively promoted his family’s upcoming cryptocurrency platform, making bold promises about turning the U.S. into the “crypto capital of the planet.” At the Bitcoin Conference 2024, he pledged that future regulations would be developed by industry insiders rather than critics of the space.
Harris’ Appeal in the Blockchain Community
Despite endorsements from business moguls like Chris Larsen and Mark Cuban, it’s unclear whether Harris will win support from undecided voters in the blockchain and cryptocurrency industry. As the race heats up, her policy stance on digital assets may become a crucial factor in attracting these voters.
