How much have Ripple and its executives spent on lobbying and political donations?
Company-reported Published 3 min read
Short answer
No public figure for Ripple’s total lobbying and political spending is established on this page. It cites no lobbying or campaign-finance filings. The one related source is Ripple’s own September 15, 2026 post, which said the Clarity Act failed to advance in the Senate and that Ripple has advocated for a market structure framework since as far back as 2019.
The full answer
What spending figures are available?
No figure for Ripple’s lobbying or political donations is available here. As of September 30, 2026, Ripple’s lobbying spending by year is not established, because no Senate lobbying disclosure reports for Ripple have been checked. Federal Election Commission records are where contributions by Ripple or its executives would appear. Those primary records are the right source for this question. This page will be updated once they are obtained and checked.
The one policy-related spending figure comes from Ripple. On September 15, 2026, Ripple said it spent “more than $150 million” over several years fighting for legal clarity in court [1]. That money went to the court fight covered in what the SEC vs Ripple lawsuit was about. It is not a lobbying or donation figure, and it should not be added to one.
What has Ripple said about its own policy work?
Ripple says it has advocated for a federal crypto market structure framework since 2019 [1]. In the same September 15, 2026 statement, Ripple said it would continue advocating for market structure legislation and engaging with policymakers [1]. That is Ripple’s own description of what it does. It gives no amount and no list of recipients.
Lobbying is one possible explanation for XRP’s place in US policy, raised on the page about why Trump named XRP. Without those figures, that explanation can’t be tested with numbers.
Did Ripple’s advocacy get the result it wanted?
On the evidence held, not in Congress. Ripple reported that the CLARITY Act, the market structure bill it backed, failed to advance in the Senate after a critical vote on September 15, 2026 [1]. Ripple blamed the banking industry, which it said “worked relentlessly to protect the status quo”. It also said politics “was elevated over good policy” [1]. Those are Ripple’s characterisations and have not been independently confirmed. What happened to the bill is covered on the CLARITY Act and XRP.
Ripple credits XRP’s current US position to other routes. It points to the court case and to a joint SEC and CFTC interpretation in March 2026 naming XRP a digital commodity [1]. Yahoo Finance reported on March 20, 2026 that the two agencies jointly classified XRP as a digital commodity on March 17 [2]. This is the strongest evidence against a simple “Ripple bought its policy position” reading. By Ripple’s own account, the legislation it lobbied for failed. The position it relies on came from a court and from regulators. The case that the US has not singled XRP out for any role is set out on whether the US government has chosen XRP.
Why does no Ripple report show political spending?
Ripple is a private company. crypto.news reported on July 25, 2026 that Ripple President Monica Long confirmed no IPO is planned [3]. The same article argued that Ripple’s private status allows “selective disclosure of only the numbers that flatter” [3]. That is crypto.news’s critique.
Because Ripple is private, no company filing is expected to disclose its political spending. Public disclosure records are the way to measure it.
What would the records show, and what would they not?
This page will quote those records with their dates once they are checked.
Even then, a total measures access sought, not influence achieved. A donation or a lobbying bill does not show that any official acted because of it. Whether US policy and Ripple are coordinating around XRP is weighed on US policy and XRP convergence.
What is still unknown?
As of September 30, 2026, three sets of figures are missing:
- Ripple’s federal lobbying spending by year.
- Ripple’s contributions to super PACs and candidates.
- Personal contributions by Ripple executives.
Each would come from public records. None of the figures on this page should be read as a lobbying or donation total.
What we know
- Ripple said on September 15, 2026 that it spent ‘more than $150 million’ over several years fighting for legal clarity in court. That figure covers the court fight only. It does not cover lobbying or political donations. [1]
- Ripple said on September 15, 2026 that it has advocated for a federal crypto market structure framework since 2019. [1]
- On September 15, 2026, Ripple said the CLARITY Act failed to advance in the Senate after a critical vote that day. [1]
- Ripple said on September 15, 2026 that it will continue advocating for market structure legislation and engaging with policymakers. [1]
- Ripple wrote on September 15, 2026 that the banking industry ‘worked relentlessly to protect the status quo’ and that politics ‘was elevated over good policy’. [1]
- Ripple said the SEC and CFTC issued a joint interpretation in March 2026 naming XRP a digital commodity. Yahoo Finance reported on March 20, 2026 that the two agencies jointly classified XRP as a digital commodity on March 17. [1][2]
- crypto.news reported on July 25, 2026 that Ripple President Monica Long confirmed no IPO is planned. The same article described Ripple’s disclosure as selective. [3]
What we reason Analysis
- Ripple’s own September 15, 2026 statement credits XRP’s legal position to the court case and the March 2026 agency interpretation. It does not credit legislation, and the one bill it named publicly failed that day. That counts against reading Ripple’s policy spending as having delivered a legislative result.
- Ripple is private and, according to crypto.news on July 25, 2026, says no IPO is planned. So no company filing is expected to report its political spending. Public disclosure records are the route to a figure.
- Lobbying and donation totals measure access sought, not influence achieved. A sourced dollar figure would not by itself show that any US policy decision about XRP was bought.
What's still open
- How much has Ripple spent on lobbying each year, according to Senate lobbying disclosure reports (as of September 30, 2026)?
- How much has Ripple given to super PACs or candidates, according to Federal Election Commission records (as of September 30, 2026)?
- What have Ripple executives, including Brad Garlinghouse and Chris Larsen, given personally to political causes, according to Federal Election Commission records (as of September 30, 2026)?
In plain English
As of September 30, 2026, no official record of Ripple’s lobbying or political donations has been checked for this page. Those records would give a real number. The one related figure Ripple has published is the more than $150 million it says it spent on its court fight, which is a separate cost. Ripple said on September 15, 2026 that the Clarity Act, the federal crypto market structure bill it backed, failed to advance in the Senate after a critical vote. Spending money to get a hearing from politicians does not prove that it changed any decision.
Key terms
Sources
- The Road to Clarity Ends (for now) — Ripple, Tue Sep 15 2026 00:00:00 GMT+0000 (Coordinated Universal Time) Company-reported
- XRP News: A $1B Ripple-Backed Company Holding 473 Million XRP Just Filed to Go Public on Nasdaq — Yahoo Finance, Fri Mar 20 2026 00:00:00 GMT+0000 (Coordinated Universal Time) Secondary
- Ripple's $4 billion acquisition empire: an audit — crypto.news, Sat Jul 25 2026 00:00:00 GMT+0000 (Coordinated Universal Time) Secondary
- Ripple Doubles Contribution to Fairshake PAC Warchest To Ensure Crypto Is Front and Center During 2024 Elections — Ripple, May 29, 2024 Company-reported
- Ripple — InfluenceWatch, read 2026-10-02 Secondary
- CLARITY Act Campaign Finance: A Fintech Weekly Analysis of Who Funds the Industry Deciding Its Own Fate. — FinTech Weekly, Monday, March 16th 2026 Secondary
- Crypto industry spent tens of millions influencing now-delayed cryptocurrency regulations — Washington Examiner, January 17, 2026 Secondary
- How Ripple's lobbying sets stage for $3m crypto clash on Capitol Hill — DL News, 6 September 2023 Secondary
- Ripple — Corporate Donor Profile — Citizen Analyst, Updated September 16, 2026 Secondary
- Crypto spending on 2024 election hits $190 million, led by Winklevoss twins — CNBC, 2024-09-16 Secondary
- 'Complete Disregard' For $XRP Holders: Outrage After Ripple's Larsen Donates $10M To Harris Campaign — International Business Times, 10/22/24 Secondary
- Ripple — Lobbying Spending & Activity — OpenLobby, February 2026 Primary
- Individual Contributions — Federal Election Commission, read 2026-10-03 Primary
Update log
- — Published.
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