Crypto Lobbyists Assemble $193M Fund for 2026 Midterm Elections

Crypto advocates have amassed a staggering $193 million to influence the 2026 midterms, with significant contributions from major industry players.

In a significant move ahead of the 2026 midterm elections, Fairshake, along with its associated super PACs, has revealed that it holds a remarkable war chest of over $193 million. This substantial fund includes $74 million that has been amassed since July, sourced from three prominent contributors in the cryptocurrency sector.

Among the key financiers, Coinbase has contributed $25 million, while Ripple matched that amount with another $25 million. Additionally, venture capital firm a16z provided $24 million, further solidifying the financial backing for this initiative.

This coalition, which comprises Fairshake and its allied groups, including Protect Progress—an organization that leans towards Democratic values—is poised to strategically target influential chokepoints in Washington. The intent is clear: to shape policies and regulations that could significantly impact the future of the cryptocurrency industry.