A day before the US elections, crypto companies poured tens of millions into the 2026 elections. Super-PAC Fairshake raised $78 million, including over $30 million from various companies and $48 million in new commitments from Coinbase and Andreessen Horowitz.
Chris Dixon from a16z stated that the fund allocated $23 million to Fairshake to support lawmakers from all parties aiming to create effective regulations for the crypto industry. a16z has donated a total of $70 million.
Coinbase increased its donations to over $75 million, while Ripple Labs contributed around $50 million. Fairshake has raised about $170 million and spent $135 million. Research shows that of the 42 races supported by crypto PACs, 36 were won by candidates who received funding from the crypto industry.
Donors to Fairshake advocate for the adoption of cryptocurrency and stable coin legislation in the US.
