The2024generalelectionhasn’tevenwrapped,butCoinbaseisalreadyfundingacrypto-politicswarchestfor2026.
OnWednesday,theexchangepledgedtogivecryptosuper-PACFairshake$25millionin2025forthefollowingyear’smidtermelections.
“Thecryptovoterisalreadyaforcetobereckonedwith,butitwillcontinuetogrow,”CEOBrianArmstrongsaidinaXpost.ThenextCongress“willbethemostpro-crypto”yet,heasserted,adding,“we’renotslowingdown.”
Crypto-industrydollarscontinuetofloodAmericanpolitics:multiplePACsarespendingbigoncandidatesperceivedtobefavorabletocrypto.Fairshake,oneofthelargest,isalsospendingagainstanti-cryptocandidates,mostnotablyKatiePorter,wholostherprimarybidforaCaliforniasenateseat.
ThepledgebringsCoinbase’stotalcommitmentstoFairshakecloseto$100million,makingittheindustryPAC’ssinglemostimportantfunder.Fairshakehasraisedover$200millionthiselectioncycle.
coindesk.com