CoinDesk·3 min read·medium

Nigel Farage’s Reform UK lands $97 million donations from two crypto billionaires in 24 hours

F
Francisco Rodrigues
Nigel Farage’s Reform UK lands $97 million donations from two crypto billionaires in 24 hours
AI Summary

Reform UK has received $97 million in donations from two cryptocurrency investors, marking a significant increase in the party's financial backing. The funding comes amid ongoing investigations into the party's donation practices and Nigel Farage's personal financial disclosures.

Why it matters

This massive influx of capital from the crypto sector into a political party raises questions about the influence of digital asset wealth on UK political policy and campaign finance transparency.

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The gifts are jointly the largest individual donations to a U.K. political party, The Guardian reported . Harborne, an investor in stablecoin issuer Tether and cryptocurrency exchange Bitfinex, announced his contribution a day after Delo’s.

“So what do I expect in return for my donations? Nothing. No peerage, no policy change, just a party that is ready for government,” Harborne said. Farage said the money would help Reform compete at the next general election.

The contributions sharply increase the scale of crypto wealth backing the party. Harborne’s latest gift is four times the $12 million donation disclosed in December 2025, which was then reported as the largest single contribution to a British political party by a living donor.

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