Fairshake PAC Raises $116 Million for Pro-Crypto Policies in 2026 US Midterm Elections
Fairshake, a bipartisan super Political Action Committee (PAC) with a focus on funding crypto-friendly policies, has successfully raised $116 million for the upcoming 2026 US midterm elections. This substantial war chest includes fresh contributions totaling over $11 million from key players in the crypto industry such as a16z, Coinbase, Jump Crypto, Uniswap Labs, Robert Leshner of Superstate, and Ripple Labs.
Renewed Financial Commitments Show Growing Influence of Crypto Industry in US Politics
The Committee emphasized that these renewed financial commitments from major crypto industry players highlight the increasing influence of the sector in US politics. It also signifies the industry’s push for a regulatory framework that fosters innovation and growth.
Robert Leshner, CEO of Superstate, commended Fairshake for its initiative and stressed the importance of supporting candidates who prioritize clear regulations to position the US as a leader in crypto and technology.
Fairshake’s Focus on Electing Pro-Crypto Candidates
Fairshake remains committed to electing candidates who support blockchain innovation and oppose restrictive policies that could hinder industry growth. The organization aims to continue backing candidates who advocate for responsible regulation and economic growth while opposing those who seek to impede industry progress.
A spokesperson for Fairshake stated, “We are poised to continue backing candidates committed to advancing innovation, growing jobs, and enacting thoughtful, responsible regulation and opposing those who play politics and stand in the way with the voters’ support for crypto.”
Shaping US Congress to Support Crypto Industry
Founded by a coalition of crypto firms, Fairshake emerged as one of the top-spending PACs in the 2024 elections, competing with established powerhouses in the banking and energy sectors. Reports indicate that almost half of all corporate funding in that election cycle came from the crypto industry.
The targeted spending by Fairshake helped shape what many analysts consider the most pro-crypto Congress in US history. These lawmakers are expected to introduce policies that foster sector growth and position America as a global leader in the crypto space.