Donor
Ripple Labs Inc.
CompanyCalifornia
5 reported gifts; 4 recipient groups listed, 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 53% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 22% were on the winning side ($1.0M won, $3.6M lost, with $250K in races still being counted). $211K had no matched result and is excluded.
Gave to outside spenders
$49M
53% of it helped Republicans
Winning share of scored dollars
22%
$4.6M scored (10% of gifts)
Spent on the losing side
$3.6M
$250K still being counted
Not allocated or result unknown
$44M
$43M not allocated to tracked outside spending; $211K has no matched result. Neither is cash on hand.
Where the checks went
| Group | Gave | How the group spent it | Won / lost |
|---|---|---|---|
| Fairshake $43M not allocated to tracked outside spending | $48M | $723K / $3.4M | |
| Defend American Jobs $8K not allocated to tracked outside spending | $250K | $108K / $133K | |
| Protect Progress $38K not allocated to tracked outside spending | $250K | $174K / $17K | |
| Congressional Leadership Fund $15K not allocated to tracked outside spending | $100K | $242 / $81K |
The trail
What the money bought
| Candidate | Race | Spending | Their share | Paid off? |
|---|---|---|---|---|
| Juliana Stratton | Illinois Senate (primary) | Attacking | $2.3M | ✗ No |
| La Shawn Ford | Illinois 7th District (primary) | Attacking | $587K | ✗ No |
| Bryan Steil | Wisconsin 1st District | Supporting | $243K | ✗ No |
| Janelle Bynum | Oregon 5th District | Supporting | $242K | ✓ Yes |
| French Hill | Arkansas 2nd District | Supporting | $242K | Counting |
| Bill Huizenga | Michigan 4th District | Supporting | $242K | ✗ No |
| Derek Tran | California 45th District | Supporting | $241K | ✓ Yes |
| Steven Horsford | Nevada 4th District | Supporting | $241K | ✓ Yes |
| Robert Peters | Illinois 2nd District (primary) | Attacking | $194K | Unknown |
| Jon Husted | Ohio Senate (special) | Supporting | $85K | ✗ No |
| Sherrod Brown | Ohio Senate (special) | Attacking | $45K | ✗ No |
| Adrian Boafo | Maryland 5th District (primary) | Supporting | $37K | ✓ Yes |
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 53% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 22% were on the winning side ($1.0M won, $3.6M lost, with $250K in races still being counted). $211K had no matched result and is excluded.
- 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 $2.3M, lost); against La Shawn Ford (Illinois 7th District, about $587K, lost); for Bryan Steil (Wisconsin 1st District, about $243K, lost). Amounts are the donor's share of each group's spending.