‘A new era': Crypto billionaire's $9.4M gift funding new SFPD surveillance hub
SAN FRANCISCO (KRON) — San Francisco Mayor Daniel Lurie thanked a local tech billionaire on Thursday for funding a new downtown headquarters for the San Francisco Police Department's Real-Time Investigation Center (RTIC). The center houses technological resources that assist police officers in the field in real-time, such as drones, automated license plate readers and public safety cameras.
The $9.4 million in funding for the new RTIC space was donated by San Francisco-based enterprise blockchain company Ripple, city officials said. The company's cofounder and CEO, Chris Larsen, said the enhanced center will 'help usher in a new era of accountability.'
The current location is inside the Hall of Justice and operates with 'outdated wiring and other infrastructure challenges,' according to the mayor's office. The new location is said to feature updated equipment and other enhancements donated by the San Francisco Police Community Foundation and Crankstart.
'RTIC has already supported hundreds of arrests, with crime down 30% citywide, and with this new facility, the SFPD will have the tools and the technology it needs to take this work to the next level and help our officers keep our streets safe,' Lurie said in a news release Thursday. 'I want to thank Chris Larsen for his continued dedication to our police officers and the safety of all San Franciscans.'
The center contributed to more than 500 arrests in 2024, according to the mayor's office.
Outgoing Police Chief Bill Scott shared similar sentiments as Larsen, calling the upgraded headquarters 'the beginning of a new era of policing in San Francisco.'
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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