Digital Freedom Fund PAC Gains Momentum with Key Figures and KrakenFX Support

Washington D.C. – The Digital Freedom Fund PAC, a political action committee dedicated to advancing pro-crypto legislation and making the United States the global crypto capital, has announced new support from prominent figures in the cryptocurrency industry. Tyler Winklevoss, co-founder of Gemini, expressed his enthusiasm on social media for the collaboration with David L. Ripley, Arjun Sethi, and the KrakenFX team. The PAC aims to influence policy and support candidates aligned with its mission.

"Thank you for joining the cause @DavidLRipley! Excited to work with you, @arjunsethi, and the @krakenfx team on the @FreedomFundPAC to make America the crypto capital of the world! 🙌🇺🇸🚀," Tyler Winklevoss stated in a recent tweet.

The Digital Freedom Fund PAC, also referred to as the Crypto Freedom Fund, operates as an independent expenditure-only committee. Its primary goal is to educate voters and candidates on the importance of limiting regulations on blockchain technologies and fostering a favorable environment for the crypto industry. The PAC has explicitly aligned itself with Republican efforts and President Trump's crypto agenda, aiming to support candidates who champion digital asset freedom.

Arjun Sethi, identified as a co-CEO of Kraken, has previously announced a $1 million donation from Kraken to the Digital Freedom Fund PAC. Kraken also committed to raising its 2025 contribution to the pro-Trump group America First Digital to $1 million. Sethi emphasized that crypto embodies "the right to self-determination" and warned against attempts to "criminalize infrastructure," highlighting the company's commitment to individual rights in the digital age.

While David L. Ripley's specific role within the PAC or his background was not immediately detailed in the announcement, his inclusion alongside Sethi and KrakenFX signals a broader industry effort. The Winklevoss twins themselves have been significant benefactors, donating over $21 million in Bitcoin to launch the Digital Freedom Fund PAC. This substantial funding is intended to support crypto-friendly leaders and policies in upcoming elections.

The PAC's objectives include advocating for legislation that protects software developers, bans central bank digital currencies (CBDCs), codifies the right to self-custody and peer-to-peer crypto transactions, and promotes open banking regulations. This concerted effort by key industry players and their financial backing underscores a growing push to shape the political landscape in favor of cryptocurrency innovation and adoption in the U.S.