Fairshake Builds $103M War Chest for Pro-Crypto Push in 2026

Fairshake Builds $103M War Chest for Pro-Crypto Push in 2026

By Jakub Lazurek

27 Nov 2024 (13 days ago)

2 min read

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Pro-crypto Super PAC Fairshake amasses $103M for 2026 midterms, aiming to expand its influence on U.S. cryptocurrency regulations.

A pro-crypto Super PAC, Fairshake, has built a substantial war chest of $103 million for the 2026 U.S. midterm elections. This organization, which spent nearly $200 million during the 2024 elections, is focused on supporting candidates who advocate for cryptocurrency-friendly regulations. Its influence has already led to significant victories, such as Bernie Moreno’s defeat of anti-crypto Senator Sherrod Brown.

Ripple CEO Brad Garlinghouse contributed $25 million to Fairshake's latest fundraising efforts, joining other major donors like Coinbase and venture capital firm a16z, which contributed $23 million. These donations underline the growing bipartisan interest in supporting the crypto industry through favorable policies. Fairshake has positioned itself as a key player in shaping U.S. politics around cryptocurrency.

In 2024, Fairshake backed candidates from both political parties, prioritizing their stance on crypto regulation over party lines. This approach not only secured crypto-friendly candidates in office but also established a foundation for further political influence. Ripple and Coinbase, among Fairshake’s largest donors, have gained increased access to policymakers, with Coinbase’s CEO reportedly consulted by President-elect Donald Trump on regulatory appointments.

The success of Fairshake’s 2024 strategy has inspired its aggressive planning for 2026. The PAC’s growing war chest signals its intent to push a pro-crypto agenda more effectively in future elections. With over $100 million already raised, Fairshake is well-positioned to further influence the political landscape.

President-elect Trump’s promises of crypto-friendly policies have added momentum to these efforts. His administration is expected to favor the industry, potentially shaping regulations in consultation with key crypto advocates. This growing bipartisan support could result in a more stable regulatory environment for cryptocurrencies in the U.S.

Fairshake’s actions demonstrate how significant political investments can drive change. By focusing on crypto-related issues, the PAC has not only built a powerful coalition of donors but has also reshaped discussions around industry regulation. As 2026 approaches, the PAC is poised to expand its impact, creating opportunities for both the crypto industry and its supporters in Washington.

In summary, Fairshake’s influence is growing, fueled by major donations from industry leaders and its strategic approach to bipartisan support. The PAC’s efforts could define the future of cryptocurrency regulation in the U.S.

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