Key Takeaways
Fairshake, a political action committee (PAC) championing pro-crypto policies, has solidified its position as a major player in U.S. elections.
With over $103 million in fresh donations from Ripple, Coinbase, and venture capital powerhouse a16z, Fairshake is gearing up for the 2026 midterms with one of the largest PAC war chests in recent history.
The PAC’s influence was undeniable in the 2024 general elections, where it funneled $204 million into campaigns supporting pro-crypto candidates.
The result? More than 250 pro-crypto representatives were elected to the House, alongside nearly a dozen senators. This wave of victories underscored the rising power of the crypto lobby and Fairshake’s growing influence in shaping the future of U.S. politics.
The PAC is not resting on its laurels. Fairshake carried over $30 million from the 2024 election cycle and has already secured an additional $103 million for the 2026 midterms.
Ripple’s CEO, Brad Garlinghouse, recently announced a $25 million donation—Ripple’s third consecutive contribution of this size in three years.
Coinbase CEO Brian Armstrong committed another $25 million in October , even before the 2024 presidential elections had concluded. Adding to the momentum, venture capital firm a16z contributed $23 million earlier this month.
These donations highlight a nearly 4000% surge in crypto-related contributions compared to the previous general elections, reflecting the industry’s confidence in its ability to influence U.S. policy through political engagement.
The 2024 elections marked a watershed moment for crypto in U.S. politics.
Crypto PACs like Fairshake didn’t just donate—they reshaped campaign strategies, mobilized voters, and helped bring crypto to the forefront of political discourse.
Donald Trump’s landslide victory served as a testament to the rising influence of crypto voters.
His campaign prominently featured blockchain policies, resonating with an electorate increasingly interested in financial innovation.
In contrast, his opponent, Kamala Harris, only embraced crypto toward the end of her campaign—a decision many analysts believe came too late.
With a pro-crypto president and a Congress more open to blockchain and digital assets, the momentum heading into 2026 is palpable.
The stakes are high for the midterms, which could again see a clash between pro-crypto and anti-crypto factions. Fairshake’s role will be critical, not just in funding campaigns but in shaping the narrative around digital assets.
With donations from leading crypto firms and venture capitalists, Fairshake has the resources to back candidates committed to advancing crypto-friendly legislation.
This continued support ensures the PAC remains at the forefront of the fight for blockchain innovation and financial freedom.