Fairshake, the pro-crypto super PAC that dominated November’s U. S. primaries and reshaped American online resources policy, announced Thursday that it has already raised over$ 116 million to spend on the 2026 exams. &nbsp,

The gifts include those from the regular suspects, such as Andreessen Horowitz, Coinbase, and Ripple—the firms that largely bankrolled Fairshake’s$ 300 million campaign in 2024.

However, other significant crypto companies and owners have also joined the party. Jump Crypto, the blockchain-focused investment firm, Uniswap trade publisher Uniswap Labs, and crypto trader Robert Leshner—the chairman of DeFi system Compound—all made key investments to Farishake’s 2026 account as well.

In a statement shared with , the PAC stated that the crypto industry is holding the best social and policy location it has ever held. ” We are keeping our foot on the gas,” the statement read.

In barely a year, Fairshake’s great 2024 investing strategy transformed crypto’s standing in Washington—from a weakened industry reeling in the face of intense regulation, to a soaring sector with Congress and the president on speed-dial. &nbsp, &nbsp,

The announcement from today demonstrates that America’s bitcoin leaders are determined to maintain their new authority in a city where social pecking orders are constantly changing.

Only as Fairshake’s spend on the 2024 general election was unheard of for a business very Congress, so too is their war chest for the 2026 finals now completely extraordinary. For perspective, the largest-ever spend by a business group in a midterm election was originally simply$ 18 million, by the National Association of Realtors in 2022. &nbsp,

Even though those numbers may seem like an enormous expense for American crypto companies, they pale in comparison to the benefits received by those same firms in the midst of their social victory. &nbsp,

Ripple, for example, one of Fairshake’s principal backers, has seen its holdings of XRP, a cryptocurrency its founders helped create, explode in value by over$ 125 billion since November.

And, at least for now, the PAC’s recent sweeping victories appear to be front of mind for DC’s powerbrokers. On Wednesday, Howard Lutnick, President Trump’s crypto-affiliated pick for Secretary of Commerce, faced a confirmation hearing that many assumed would focus on the nominee’s intimate relationship with Tether, the world’s top stablecoin.

Lutnick was the only U.S. senator to be questioned on the subject, Maria Cantwell (D-WA ), who even went out of her way to explain that she was not hostile toward the digital assets industry.

” I’m a big crypto person in general”, she declared

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Share This Story, Choose Your Platform!