Harborne and Delo subsequently gave about 3 million and 4 million pounds, respectively, in the first quarter of 2026. Together, that accounted for roughly 76% of Reform’s 9.26 million pounds in reported donations, excluding public funds, according to a calculation based on Electoral Commission figures.
Farage has actively courted the industry.
At the Bitcoin conference in Las Vegas in May 2025, he vowed to establish a bitcoin reserve at the Bank of England, introduce a 10% capital gains tax on cryptoassets and prevent banks from closing customers’ accounts because of their crypto activity.
The Guardian’s report did not specify whether the latest donations were paid in cryptocurrency. Harborne’s earlier 9-million-pound gift was made in cash.
In March, the Electoral Commission told lawmakers that no political party had reported donations identified as cryptoassets, according to a House of Commons Library briefing.
The new funding arrives as the Metropolitan Police investigate allegations concerning Reform’s political donations. Farage separately faces a parliamentary standards investigation over a 5 million pound personal gift from Harborne before his election as an MP in 2024. Reform and Farage deny wrongdoing, per The Guardian’s report.
The government separately announced plans in March to ban political donations made in cryptocurrency and cap contributions from overseas electors at 100,000 pounds annually.
