With Millions in Donations From the Industry, Ramaswamy Backs Ohio Crypto Gamble

Published in partnership with the Center for Media and Democracy

After President Trump went all in on crypto when he returned to office, Vivek Ramaswamy, the front-runner in the GOP primary for governor of Ohio, began betting big on Bitcoin through his asset management startup Strive—with limited success.

Now, crypto industry players are pouring millions into funding his campaign. Why? If he becomes governor, the billionaire has pledged to expand state investments in a...