Ripple and a certain exchange each donated $25 million to a crypto super PAC, but their differences lie in the following points.

According to CoinWorld, Ripple and a certain exchange each donated $25 million to the crypto super political action committee Fairshake, which has raised a total of $193 million for the 2026 midterm elections. Despite this joint political funding, the two companies are divided over a key crypto market structure bill that has stalled in the Senate. The exchange’s CEO, Brian Armstrong, opposes the current text of the bill, while Ripple and Andreessen Horowitz support advancing the legislative process. This industry split further complicates efforts to revive the bill as the legislative window continues to narrow.