Reform UK Secures Major Funding from Crypto Billionaires
- Reform UK received £7 million ($9.4 million) in donations from two crypto billionaires this year.
- Christopher Harborne donated $4 million and Ben Delo contributed $5.4 million, surpassing funds raised by other political parties.
- Reform UK is the first UK party to accept donations in Bitcoin and advocates for reduced capital gains taxes on crypto.
- Delo’s donation marks his first contribution to the party, while Harborne’s total donations this year reached $20 million.
- The party’s fundraising has increased sixfold compared to last year, where it raised only $2 million in the same quarter.
This significant financial backing highlights the growing influence of the crypto industry in politics, particularly as Reform UK positions itself as a pro-crypto entity. The overall funding across all parties has more than doubled compared to last year.
With a total of £7 million raised, Reform UK’s funding outpaces both Labour and Conservative parties, each receiving around $5.4 million this quarter.
