Fairshake raises $193 million to support crypto industry in U.S. election, amplifying the sector's influence
10.02.2026
Fairshake, a political committee backed by leading crypto companies, announced that it has raised $193 million to contribute to U.S. election campaigns. This amount was the largest among all cryptocurrency PACs and underscores the sector's growing influence in shaping the political agenda.Fairshake's donors include giants such as Coinbase, Ripple and Andreessen Horowitz, as well as other key industry players. The funds will be used to support candidates advocating for progressive regulation of cryptocurrencies and blockchain technology. According to Fairshake, more than 70% of the funds raised are planned to be used to fund campaigns at the federal level, including congressional and Senate elections.The growth of political activity of the crypto industry is connected with the need to protect the interests of the sector against the background of stricter regulation and increased attention from government agencies. Fairshake representatives note that their goal is to provide a dialog between lawmakers and the industry to create balanced and innovative rules.Experts note that the participation of major players and record amounts of funding can significantly affect the outcome of election campaigns and accelerate the adoption of new laws in the field of digital assets. Fairshake has already announced a series of events and meetings with candidates to discuss key issues of crypto-economy development.