ChainThink report, March 7: According to newly disclosed documents from the UK Electoral Commission, investor Christopher Harborne, headquartered in Thames, has provided additional funding support to the Reform Party of the UK. Harborne is estimated to hold approximately 12% of the shares in Tether, the world’s largest stablecoin issuer.
The disclosure documents reveal that following a previously publicized donation of £9 million, Harborne made another contribution of £3 million in November last year. Under Nigel Farage’s leadership, the Reform Party has positioned digital assets as a cornerstone of its economic platform, pledging to transform the UK into a leading hub for digital assets and proposing to reduce the capital gains tax on cryptocurrencies from the current ~18% down to 10%.
The Reform Party became the first political party in the UK to accept donations in digital assets in 2025, allowing supporters to contribute via cryptocurrencies such as Bitcoin. This move has raised concerns among some MPs; in January this year, seven committee chairs urged the government to ban cryptocurrency political donations, arguing that digital assets could obscure funding sources and expose the electoral system to risks of foreign interference.
Disclaimer: Contains third-party opinions, does not constitute financial advice
Sources: Tether's First Comprehensive Financial Audit May Be Driven by Fundraising Needs
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Tether CEO to Attend Trump's Lunch at Mar-a-Lago and Deliver Speech
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Tether's High-Frequency Diversified Investments Have Allocated $1.6 Billion Within Months
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Tether freezes approximately 12 million USDT in a specific address
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