Pro-crypto PAC Fairshake amasses $193m for 2026 midterms
Fairshake—backed by major crypto firms—reported a record war chest ahead of the US midterm cycle.
Fairshake, a pro-crypto political action committee, has amassed $193 million to support candidates sympathetic to the cryptocurrency sector, according to the Financial Times and other reports [1][4].
Major industry contributors named in coverage include Coinbase, Ripple and venture firm Andreessen Horowitz (a16z), with the PAC saying the funds will be used to back crypto-friendly candidates in upcoming elections [2][3].
Cointelegraph reported the $193m represented a 37% increase in Fairshake’s cash on hand since its last disclosure in July 2025, reflecting rapid growth in the PAC’s fundraising ahead of the 2026 midterms [4].
The reported haul gives Fairshake a sizable war chest to influence the 2026 campaign cycle, a development noted as a record for the sector by reporting outlets [1].
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Citations
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- 1US crypto industry raises record war chest for midterm election campaignsCryptofinance• Jan 28, 2026
- 2Pro-crypto super PAC Fairshake heads into 2026 midterms with $193M war chestCryptopolitan• Jan 28, 2026
- 3Crypto PAC Nets $193M After Donations From Ripple, Coinbase and a16zCrypto Breaking News• Jan 28, 2026
- 4Crypto PAC Fairshake reports $193M after industry donations ahead of US midtermsCointelegraph• Jan 28, 2026
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