Fairshake, a US Super PAC supporting the crypto industry, has already accumulated $103 million to spend on the 2026 midterms. In the 2024 election, Fairshake heavily invested in pro-crypto candidates from both parties.
Ripple CEO Brad Garlinghouse contributed $25 million to a growing pro-crypto war chest, and other companies have made similar donations to the PAC.
Fairshake’s Crypto Support in US Elections
Fairshake invested nearly $200 million in the 2024 election, backing candidates from both sides who supported friendlier industry regulation. Its efforts yielded several victories, including Bernie Moreno’s prominent victory over anti-crypto candidate Sherrod Brown.
With the latest investment from Ripple CEO Brad Garlinghouse, it seems that Fairshake is well-placed to influence pro-crypto narratives in the midterms as well. Ripple was also one of Fairshake’s principal investors in the 2024 election.
However, Ripple is not the only firm planning for the 2026 midterms. As reported by BeInCrypto earlier this month, venture capital firm a16z also invested $23 million in the PAC for the midterms.
“Fairshake just informed me that Ripple’s donation, combined with those from Coinbase and a16z and the funds it has leftover from this election, means it has now amassed $103 million for the 2026 midterms,” FOX Business Journalist Eleanor Terrett wrote on X (formerly Twitter).
In other words, these political investments proved so beneficial for the industry that it’s already preparing to make a bigger impact. Fairshake spent $200 million to help elect various crypto allies less than a month ago. Yet, the Super PAC’s 2026 war chest for the midterms could potentially be bigger.
Overall, these investments are not surprising given the significant impact of the recent election. For one thing, President-elect Donald Trump already promised to enact a broad series of benefits for the crypto industry.
These political donations, however, can yield added access and benefits. It can influence the regulators to consult with the donors for any regulatory decisions. For instance, Coinbase was another leading Fairshake donor, and Trump consulted its CEO for personnel appointments.
It’s safe to say that Fairshake is planning to conclusively influence the pro-crypto agenda in US politics. It donated heavily to candidates from both political parties, purely on this one issue. By the 2026 midterms, the PAC could greatly contribute to a growing bipartisan consensus regarding this industry.
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