Fairshake, the cryptocurrency-focused super political action committee, is gearing up for the 2026 US midterm elections with over $116 million ready to support crypto-friendly candidates.
Major Crypto Companies Make Significant Contributions
According to CNBC, Fairshake has secured significant donations from Coinbase, Ripple and venture giant Andreessen Horowitz. Each of these companies has pledged more than $20 million to support the committee. Jump Crypto, a crypto-focused venture firm, is also among the contributors.
Contributions to Past Elections
In the last election, the super-PAC raised over $200 million. Part of these funds went towards supporting Bernie Moreno against Ohio senator Sherrod Brown. Moreno's campaign received $12 million from Fairshake, aiding in a successful campaign against the Democrat.
Support from the Crypto Industry
Fairshake also receives backing from Uniswap Labs and Robert Leshner, founder of Superstate. These new donations include commitments to advance crypto-friendly candidates in key races during the midterms.
The funds accumulated by Fairshake highlight the significance of the cryptocurrency industry on the US political stage. With substantial company support, the committee continues to advocate for industry interests in the political arena.