Top CEOs Endorse Kamala Harris as Campaign Opens to Crypto Donations

A group of 88 current and former corporate executives has endorsed Vice President Kamala Harris for president, according to a CNBC report. Among the signatories are well-known CEOs, such as Aaron Levie of Box, Jeremy Stoppelman of Yelp, and Michael Lynton, chairman of Snap, Inc.

Corporate America Rallies Behind Kamala Harris

The list includes several high-profile figures who have publicly endorsed her for the first time. This group features James Murdoch, former CEO of 21st Century Fox, and Chris Larsen, co-founder of blockchain firm Ripple. The endorsement letter states Harris will support the “strength, security, and reliability” of U.S. democracy and economy.

They also highlighted her commitment to promoting “fair and predictable policies” that would help build a strong business environment. Corporate leaders believe her leadership will strengthen the rule of law and increase business confidence, which is vital for economic growth.

Harris Embraces Cryptocurrency Donations

Recently, Coinbase’s chief financial officer, Alesia Haas, revealed that Kamala Harris’s campaign has begun accepting cryptocurrency donations through Coinbase Commerce. During Citi’s 2024 Global TMT Conference in New York, Haas announced that Future Forward, Harris’s official super PAC, is using the platform.

Her revelation was further confirmed by a Coinbase spokesperson, who stated that Future Forward has officially teamed up with Coinbase Commerce to enable crypto donations. This move comes as lobbying groups put pressure on the Democratic Party to shift toward a more crypto-friendly stance.

What Does This Mean for the 2024 Election?

Under President Joe Biden, Democrats have generally been less supportive of cryptocurrency than Republicans, but Harris’s campaign could signal a change. “She is accepting crypto donations. She’s using Coinbase Commerce now for her campaign,” Haas said, confirming the integration of cryptocurrency into the political fundraising landscape.

With the 2024 election approaching, Harris’s backing from top business leaders and the cryptocurrency community could play a key role in her presidential bid.

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