Crypto PAC Fairshake Holds $95 Million as of End of September

The cryptocurrency industry's super political action committee Fairshake has over $95 million in funds as of the end of September, aimed at supporting pro-cryptocurrency candidates in the 2026 U.S. midterm elections. Major backers of Fairshake include Coinbase, Ripple, and venture capital firm Andreessen Horowitz. The organization encompasses three political action committees: Fairshake, Defend American Jobs, and Protect Progress, supporting candidates from both the Republican and Democratic parties who are friendly to cryptocurrency. Defend American Jobs has invested $45 million in support of Republican Senator Jon Husted and opposed former Senator Sherrod Brown, who has criticized the cryptocurrency industry. Additionally, the organization has provided smaller campaign support to 32 current House representatives who support cryptocurrency. It remains unclear whether Fairshake will exhaust its remaining funds in this midterm election cycle or reserve some for the 2028 election cycle.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.