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Ripple Founder and Bitcoin billionaire drop millions to recast California’s political balance
Jan 31, 2026
< 1 min read
by Brenda Kanana
for CryptoPolitan
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Ripple co-founder Chris Larsen and a venture capitalist are investing tens of millions in California politics to support moderate lawmakers and counter organized labor. This initiative, called Grow California, aims to influence policy in favor of crypto and business interests.
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Two influential figures in the cryptocurrency and venture capital industries are investing tens of millions of dollars in California politics. Their strategy centers on backing moderate, business-oriented lawmakers while countering organized labor’s long-standing power in Sacramento. The initiative is under the Grow California banner and is sponsored by Ripple co-founder Chris Larsen and venture capitalist […]
