BitMEX co-founder Ben Delo has announced a massive £36 million (about $48.7 million) donation to the UK’s Reform UK party, led by Nigel Farage. This is now the largest single political donation in British history.

Record-Breaking £36M for Reform UK

Delo’s donation comes in as a one-off lump sum, instantly supercharging the party’s war chest for the current political cycle. He’s gone public confirming his commitment to back Reform UK with this eye-popping amount.

All About the 2029 Election

Explaining his motivation, Delo said he wants to “ensure Reform UK has the funding to prepare for the next general election,” which is expected in 2029. He’s clear that his support is meant to help the party lock in resources for long-term planning and organization—well ahead of the next big vote.

How Delo Sees Reform UK

Delo likened Reform UK’s position to a startup facing intense public scrutiny. His move highlights just how plugged-in crypto leaders are to the political scene, and signals a bet on Reform UK’s long-haul prep for the next nationwide election.