Reform UK leader Nigel Farage has invested in Bitcoin treasury firm Stack BTC Plc as part of a $333,000 fundraising round. The company, chaired by former Chancellor Kwasi Kwarteng, plans to acquire businesses and use profits to fund a Bitcoin treasury starting with 21 BTC. This move coincides with political scrutiny over Reform UK’s acceptance of cryptocurrency donations and Farage’s paid appearances at crypto events.
Reform UK leader Nigel Farage has invested in Bitcoin treasury-focused firm Stack BTC Plc as part of a $333,000 fundraising round split between him and Blockchain.com. “I am delighted to have become an investor in Stack and lend my support to the team,” Farage said in a statement.
The firm, formerly Kasei Digital Assets Plc, plans to buy companies and invest their profits into its treasury. Proceeds from this round will initiate a Bitcoin treasury starting with 21 BTC, worth approximately $1.45 million, according to its website.
A Blockchain.com spokesperson confirmed the partnership would involve providing institutional services like custody and staking. Farage’s investment marks his continued advocacy for digital currencies within the political sphere.
Reform UK became the first major British party to accept crypto donations in June 2025, a move criticized by transparency campaigners. The party’s online crypto donation page appears to be broken, as shown on its site.
The party also accepted an $11.4 million donation from DigFinex shareholder Christopher Harborne last year. This prompted calls for an investigation from both the Liberal Democrats and the Labour Party.
Last week, Labour MP Rushanara Ali called for a ban on crypto political donations, citing risks of foreign interference. Advocacy groups like Spotlight on Corruption have echoed concerns over regulatory oversight.
Financial disclosures show Farage earned over $73,000 from speaking at crypto events, including Zebu Live and the Bitcoin Conference. Stack BTC is chaired by former chancellor Kwasi Kwarteng, who served under Liz Truss.
“We are delighted to welcome Nigel Farage and Blockchain.com as strategic investors in Stack,” Kwarteng stated on social media. This business alliance follows past political clashes between the two figures.
In an April 2025 column, Kwarteng warned about the “threat from the populist right,” singling out Farage. Reform figures have previously criticized Kwarteng, with one party official polling followers on the worst chancellor.
