Ripple Co-founder’s PAC Backs Primary Win in Colorado

Rutinel’s victory over former state representative Shannon Bird marks a pivotal moment for the 8th District, a swing seat covering parts of Adams, Larimer, and Weld counties. The You Can Push Back PAC, financed by Larsen, funneled substantial resources into the race, turning a local primary into one of Colorado’s most expensive Democratic contests. This financial backing aligns with a broader trend of industry-affiliated groups—including Fairshake and its allies—pouring record-breaking amounts into the 2026 election cycle to support candidates favorable to digital asset regulation.

Moving into the general election, Rutinel faces Republican incumbent Gabe Evans. While crypto-aligned spending has successfully navigated primary hurdles in states like Texas and Alabama, the Colorado race presents a different challenge. The district, which Axios identifies as the state’s most Latino, remains a high-stakes battleground where both parties are bracing for significant outside investment. With Republicans likely to challenge Rutinel on his progressive platform, the question remains whether the momentum generated by crypto-backed primary spending will translate into success in a swing district where local issues like affordability and immigration remain the primary focus for voters.