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Cryptocurrency billionaire donates nearly R$ 250 million to British partyPhoto by stux on Pexels
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Cryptocurrency

Cryptocurrency billionaire donates nearly R$ 250 million to British party

oglobo12 September 2026 at 10:30

British cryptocurrency billionaire Ben Delo donated £36 million, approximately R$ 249.6 million, to the Reform UK party, led by Nigel Farage. According to the BBC, this is the largest individual contribution ever made to a political party in the United Kingdom. The values in reais were calculated with the pound at approximately R$ 6.93.

Ben Delo is a billionaire in the cryptocurrency sector and a billionaire from the BitMEX trading platform, of which he is a co-founder. He stated that he decided to fund Reform UK to provide a "fair contest" in the British political landscape. Nigel Farage said he was "honored and grateful" for the support received.

Initially, the businessman planned to donate £1 million, approximately R$ 6.9 million, per month until 2029, the deadline by which the Labour government must call the next general election. However, given the possibility of new restrictions on large political contributions, Delo decided to deliver the entire planned amount early.

Why this matters

The historic donation transforms the British political landscape ahead of the upcoming general elections, significantly strengthening Reform UK as an alternative to traditional parties. For readers in the region, this may indicate a shift in the balance of power and campaign financing, especially if the new restrictions are approved. The case also highlights the growing role of technology and cryptocurrency billionaires in UK politics.

About this summary

This is our short summary of a report published by oglobo on 12 September 2026 at 10:30; the full text stays with the publisher. In our feed it sits under Politics. We currently carry 28470 items in that section.

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