Ripple co-founder Chris Larsen has donated at least $22.5 million to U.S. midterm elections, with a focus on supporting AI regulation and clean energy.

Ripple co-founder and executive chairman Chris Larsen has donated at least $22.5 million to federal candidates and super PACs in the 2026 U.S. midterm election cycle, per Business Insider, making him one of the largest individual tech-industry donors this cycle. The contributions include $6 million to the Tomorrow Coalition PAC, which supports renewable energy, and over $4 million to a super PAC backing Alex Bores, an AI safety legislative advocate. Larsen cited concerns over rapid AI development and insufficient regulation, advocating a pause on new AI infrastructure until regulatory rules are established. The spending signals growing crypto-industry engagement in U.S. election financing, with policy focus on AI oversight and clean energy. Watch for whether Larsen's donations translate into legislative influence on AI regulation and energy policy, and whether other crypto executives scale up midterm giving.