Ripple Co-Founder Endorses Kamala Harris for President

88 prominent business executives, both current and former, have endorsed Vice President Kamala Harris for president in a new letter shared only with CNBC. Surprisingly, Ripple co-founder Chris Larsen is said to be one of the signers.

This is intriguing because Ripple Labs was in a protracted legal battle with the US Securities and Exchange Commission under this administration. The company’s CEO, Brad Garlinghouse, has recently advised crypto founders to avoid the United States of America since it is not the ideal location to launch and manage a crypto-related business.

Many well-known CEOs of publicly traded companies have signed on, including Michael Lynton, chairman of Snap others include Jeremy Stoppelman of Yelp, and Aaron Levie of Box.

These signatories endorse Harris for the first time since she emerged as the de facto Democratic nominee in July. They include James Murdoch, the heir to the Murdoch family’s media empire and former CEO of 21st Century Fox.

Billionaire José Feliciano from private equity, Twilio co-founder Jeff Lawson, D.C, and philanthropist Lynn Forester de Rothschild are other notable signatories. Sports magnate Ted Leonsis, owner of the Washington Wizards of the NBA, Mystics of the WNBA, and the Washington Capitals of the NHL is also on the list.

Longtime Democratic political donors John Doerr of Kleiner Perkins, Deven Parekh of Insight Partners, and Jeffrey Katzenberg, the founder and managing partner of Wndr and former chairman of Walt Disney Studios, are among the names on the three-page list.

Individuals who have given Harris specific support since her California political campaigns include billionaire businessman and NBA Hall of Famer Magic Johnson, Facebook co-founder Dustin Moskovitz, and philanthropist Laurene Powell Jobs.