Catenaa, Tuesday, February 03, 2026–Crypto-focused political action committee Fairshake has amassed more than $193 million in funding ahead of the November 2026 midterm elections, with major contributions from Coinbase, Ripple, and Andreessen Horowitz (a16z).
The PAC said its war chest includes a $25 million donation from Coinbase in 2025, $25 million from Ripple, and $24 million from a16z.
Fairshake aims to support pro-crypto candidates and oppose politicians critical of digital assets. During last year’s election season, the PAC and its partner super PAC Defend American Jobs spent $40 million backing Republican crypto-friendly candidate Bernie Moreno, who won against Democratic Senator Sherrod Brown.
The organization said its funding will help protect consumers, advance American innovation, and expand access to the financial system.
Lawmakers have yet to advance major crypto legislation, with the Senate Banking Committee delaying hearings on tokenized equities and stablecoin rewards after Coinbase withdrew support.
The White House plans to address stablecoin yield in a meeting on Monday.
The Senate Agriculture Committee will hold a separate hearing on crypto-related topics later this week.
The new funds give Fairshake significant influence in shaping policy outcomes for digital assets during the midterms, as crypto companies increasingly deploy political spending to secure favorable regulatory treatment.
The PAC’s efforts underscore the growing role of digital asset stakeholders in US politics.
