Jan 30, 2025 - Business

Leading crypto PAC has $116 million so far for 2026

Brady Dale

A man with grey hairs peaking before the seal of Florida, in a suit jacket but no tie. — Florida chief financial officer Jimmy Patronis, with backing from Fairshake, won his bid to fill the House seat vacated by Matt Gaetz. Photo: Tiffany Tompkins/Bradenton Herald/Getty

Pro-crypto PAC Fairshake, and its affiliated organizations, are ready for the 2026 midterm congressional elections with $116 million in cash on hand, the group announced Thursday.

Why it matters: Fairshake turned heads on both sides of the aisle in 2024 by assembling a campaign war chest of $169 million.

The announcement comes ahead of its fourth quarter filing with the Federal Election Commission due at the end of the month.

By the numbers: In 2024, Fairshake's favored candidates won 91% of the races the PAC entered in the general election.

The latest: Today's total comes with a fresh $10 million raised. Key supporters include a16z, Coinbase, Jump Crypto, and Ripple Labs.

It's also picked up support from Uniswap Labs and serial DeFi entrepreneur Robert Leshner.
In November, Fairshake disclosed $78 million in cash on hand between leftover funds and new donations.

Catch up quick: Two Fairshake-backed candidates in Florida GOP primaries to fill open House seats advanced to the April 1 general election.

These candidates are favored to win in strongly Republican-leaning districts.

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Leading crypto PAC has $116 million so far for 2026

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