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Ben Delo's near-$50 million donation to Reform UK is the party's biggest ever

9/13/2026

BitMEX co-founder Ben Delo has donated almost $50 million to Nigel Farage's Reform UK, according to reports, the largest single contribution in the party's history. The case for why the figure matters is straightforward.

The question worth asking is whether a record donation from the crypto world translates into anything more durable than a fundraising milestone.

The combination here is specific: crypto-origin wealth, at a scale Reform UK has never received from a single donor, arriving at Nigel Farage's party.

Delo's identification in reports as a crypto billionaire and a co-founder of BitMEX makes both the sourcing of the donation and its size the defining details. The counterargument is worth naming.