Ben Delo, co-founder of the cryptocurrency exchange BitMEX, has donated £4 million (approximately $5.1 million) to Nigel Farage's Reform UK party. The contribution, disclosed in a Telegraph opinion piece, is intended to help position Reform UK as "a genuine alternative party of government."

This donation follows earlier support for the political movement from the cryptocurrency sector. Farage acknowledged Delo's backing on social media, though the method of payment—whether in fiat currency or cryptocurrency—remains unspecified. Electoral records currently show no trace of the transaction under Delo's name or any BitMEX-related entities.

This development highlights the growing connections between political movements and prominent figures in the cryptocurrency industry. The lack of transparency regarding the payment details may fuel ongoing debates about political financing in the era of digital assets.