Donor
Ripple Labs Inc.
CompanyCalifornia
5 gifts to 4 groups, as reported to the FEC by the groups that received them.
Ripple Labs Inc. gave $49M to super PACs and other outside groups in the 2026 federal elections, and 83% of it helped Republicans (FEC filings through Oct 14, 2026). 23% of the money with a result ended up on the winning side ($2.5M won, $8.5M lost, with $602K in races still being counted).
Gave to outside spenders
$49M
83% of it helped Republicans
Ended up on the winning side
23%
$2.5M
Spent on the losing side
$8.5M
$602K still being counted
Not spent yet
$37M
Sitting with groups that have not spent
Where the cheques went
A company giving straight from its treasury, which super PACs may accept. Each gift is split the way the group that received it split its spending between winners and losers, so a $10M cheque to a group that spent 80% on losers counts as $8M on the losing side.
✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Race not called yet Result not matched
| Group | Gave | How the group spent it | Won / lost |
|---|---|---|---|
| Fairshake No outside spending reported yet | $48M | $2.2M / $8.3M | |
| Defend American Jobs | $250K | $112K / $137K | |
| Protect Progress | $250K | $208K / $20K | |
| Congressional Leadership Fund No outside spending reported yet | $100K | $248 / $76K |
The trail
What the money bought
The candidates Ripple Labs Inc.'s money was spent for or against, pro-rated by Ripple Labs Inc.'s share of each group's funding.
| Candidate | Race | Spending | Their share | Paid off? |
|---|---|---|---|---|
| Juliana Stratton | Illinois Senate (primary) | Attacking | $5.7M | ✗ No |
| La Shawn Ford | Illinois 7th District (primary) | Attacking | $1.4M | ✗ No |
| Bryan Steil | Wisconsin 1st District | Supporting | $590K | ✗ No |
| French Hill | Arkansas 2nd District | Supporting | $587K | Counting |
| Bill Huizenga | Michigan 4th District | Supporting | $587K | ✗ No |
| Janelle Bynum | Oregon 5th District | Supporting | $586K | ✓ Yes |
| Derek Tran | California 45th District | Supporting | $584K | ✓ Yes |
| Steven Horsford | Nevada 4th District | Supporting | $583K | ✓ Yes |
| Robert Peters | Illinois 2nd District (primary) | Attacking | $470K | ✓ Yes |
| Jon Husted | Ohio Senate (special) | Supporting | $88K | ✗ No |
| Christian Menefee | Texas 18th District | Supporting | $53K | ✓ Yes |
| Sherrod Brown | Ohio Senate (special) | Attacking | $47K | ✗ No |
Company as classified from the FEC entity type and public reporting.
Questions people ask
- How much did Ripple Labs Inc. spend on the 2026 elections, and did it win?
- Ripple Labs Inc. gave $49M to super PACs and other outside groups in the 2026 federal elections, and 83% of it helped Republicans (FEC filings through Oct 14, 2026). 23% of the money with a result ended up on the winning side ($2.5M won, $8.5M lost, with $602K in races still being counted).
- Which super PACs did Ripple Labs Inc. fund in 2026?
- Fairshake ($48M), Defend American Jobs ($250K), Protect Progress ($250K), Congressional Leadership Fund ($100K).
- Which candidates did Ripple Labs Inc.'s money end up backing or attacking in 2026?
- against Juliana Stratton (Illinois Senate, about $5.7M, lost); against La Shawn Ford (Illinois 7th District, about $1.4M, lost); for Bryan Steil (Wisconsin 1st District, about $590K, lost). Amounts are the donor's share of each group's spending.