Nigel Farage’s Reform UK has outpaced the primary political parties in the United Kingdom in fundraising, following a legislative shift where the Labour government enacted a £100,000 annual limit on political contributions from citizens living overseas. According to official regulatory figures released on June 4, 2026, the party secured over £9 million in private funding during the first quarter of the year.
The financial influx came directly from major figures in the cryptocurrency market. This collection of funding outpaced the totals raised by both the Conservative and Labour parties, which each brought in roughly £4 million during the exact same three-month timeline.
Official records from the Electoral Commission show that Hong Kong-based digital asset entrepreneur Ben Delo contributed £4 million to Farage’s party. At the same time, Christopher Harborne, a British-Thai citizen and investor in the stablecoin operator Tether, provided a £3 million injection.
Harborne has a history of backing Farage, having redirected his wealth to Reform UK after previously financing the Conservative Party. The funding timeline coincides with Farage proposing new national guidelines, including the establishment of a British crypto strategic reserve and a digital finance bill. Farage remains under investigation by the parliamentary commissioner for standards regarding a personal cash payment of £5 million received from Harborne in 2024.
Because of the new legislative restrictions on overseas donors passed at the end of March, Delo stated he will change his residency status. To continue his financial backing of the party without breaching the new £100,000 cap, Delo confirmed his plans to leave Hong Kong and physically relocate back to the United Kingdom.