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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 84% of it helped Republicans (FEC filings through Oct 14, 2026). 7% of the money with a result ended up on the winning side ($2.3M won, $31M lost, with $15M in races still being counted).
Gave to outside spenders
$49M
84% of it helped Republicans
Ended up on the winning side
7%
$2.3M
Spent on the losing side
$31M
$15M still being counted
No result matched
$18K
Mostly primaries where the backed candidate's fate is not tracked
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 | $48M | $2.0M / $31M | |
| Defend American Jobs | $250K | $72K / $135K | |
| Protect Progress | $250K | $145K / $20K | |
| Congressional Leadership Fund | $100K | $78 / $11K |
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 | $25M | ✗ No |
| La Shawn Ford | Illinois 7th District (primary) | Attacking | $6.2M | ✗ No |
| Bryan Steil | Wisconsin 1st District | Supporting | $2.6M | Counting |
| French Hill | Arkansas 2nd District | Supporting | $2.5M | Counting |
| Janelle Bynum | Oregon 5th District | Supporting | $2.5M | Counting |
| Bill Huizenga | Michigan 4th District | Supporting | $2.5M | Counting |
| Derek Tran | California 45th District | Supporting | $2.5M | Counting |
| Steven Horsford | Nevada 4th District | Supporting | $2.5M | Counting |
| Robert Peters | Illinois 2nd District (primary) | Attacking | $2.0M | ✓ Yes |
| Jon Husted | Ohio Senate (special) | Supporting | $88K | ✗ No |
| Christian Menefee | Texas 18th District | Supporting | $53K | Counting |
| 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 84% of it helped Republicans (FEC filings through Oct 14, 2026). 7% of the money with a result ended up on the winning side ($2.3M won, $31M lost, with $15M 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 $25M, lost); against La Shawn Ford (Illinois 7th District, about $6.2M, lost); for Bryan Steil (Wisconsin 1st District, about $2.6M, pending). Amounts are the donor's share of each group's spending.