The link between Bitcoin and politics has become undeniable, with CEOs and venture capitalists investing millions in political campaigns. As these crypto leaders pushed millions into the recent U.S. elections, the results have been clear: crypto election profits soared to unimaginable heights. Notable figures like Brian Armstrong of Coinbase and Brad Garlinghouse of Ripple are reaping massive financial rewards, proving that strategic political investments in crypto are reshaping both markets and policies.
Crypto CEOs’ Election Windfall
Crypto billionaires and CEOs who gambled tens of millions in the November US elections gained billions. Coinbase observed that crypto elites benefited from the election. After the November 5 election, Coinbase stock sales benefited Brian Armstrong. Armstrong sold Coinbase shares for $129 million as its valuation increased by $21 billion. Since election day, his Coinbase investment has risen $2 billion to $6.4 billion.
Fairshake SuperPAC received $25 million from Coinbase before the election. Like Ripple and Andreessen Horowitz, Coinbase and Armstrong gave $74 million. He owns 10% of Coinbase and 24 million shares in his trust under the “Armstrong Plan,” according to an SEC filing. Armstrong said on X before the election that he sold shares for moonshots but kept most.
Ripple CEO’s XRP Surge
Also, Brad Garlinghouse, CEO of Ripple, made much money after the election when XRP, the company’s native token, went from $0.50 to $2.32.CoinMarketCap statistics show that XRP has gained 54.7% in the last 30 days. Since then, its market cap has grown, placing it third among digital assets. He told Coinblasta, “The Crypto market has been up over $1 trillion since Trump won.”A16z contributed $70 million, including funds set aside for the 2026 election, and Ripple contributed $73 million.
Coinblasta also reported that Garlinghouse owns more than 6% of Ripple and a significant amount of XRP tokens, although they did not specify the exact amount. He is also on the list of the richest people in the United States. It also said that since the price of XRP went up, the election has caused Garlinghouse to hold more than three times as much of it.
Because of this, the CEO’s personal wealth also grew a lot. On the other hand, Marc Andreessen and Ben Horowitz from a16z had a lot of money in crypto startups. The amount of money they put into U.S. politics after the election has grown faster than their wealth.
Also Read: Crypto Tax Clarity Navigating Global Regulations For Investors
Summary
Bitcoin and politics have become increasingly intertwined, with CEOs and venture capitalists investing millions in political campaigns. Crypto giants like Brian Armstrong of Coinbase and Brad Garlinghouse of Ripple have capitalized on Crypto Election Profits through significant political contributions, leading to billions in gains. Their strategic involvement in the election showcases how Crypto Election Profits are reshaping the financial landscape for these industry leaders.
Armstrong’s Coinbase investment increased by $21 billion after the election, and his stake in the company has risen to $6.4 billion. Meanwhile, Garlinghouse, CEO of Ripple, made significant money after the election when XRP, the company’s native token, surged from $0.50 to $2.32.XRP’s market cap has grown by 54.7% in the last 30 days, placing it third among digital assets. Ripple contributed $73 million.
While a16z contributed $70 million, including funds set aside for the 2026 election. Garlinghouse owns more than 6% of Ripple and a significant amount of XRP tokens, and his wealth has grown significantly. In contrast, Marc Andreessen and Ben Horowitz from a16z invested a substantial amount of money in cryptocurrency startups, which grew faster than their wealth after the election.