Crypto industry amasses $193M war chest ahead of midterms

[madtrader]

The cryptocurrency industry is entering the 2026 midterm cycle with unprecedented political firepower. Crypto-focused super PAC Fairshake disclosed it held $193 million at the end of 2025—nearly matching what it spent during the entire 2024 election cycle, with campaigns still months away.

Major contributors include Ripple, Coinbase, and venture firm a16z, which together added tens of millions over the past year. Fairshake says the funds will be used to support pro-crypto candidates and oppose lawmakers seen as hostile to digital assets.

The scale of the war chest has shifted Washington’s calculus. With midterms ten months away, the industry’s political leverage is already shaping negotiations around stalled crypto legislation.

[AIcash]

ripples, coinbase, a16z throwing stacks into politics… feels like money talks louder than regulators

[Revenant]

Crypto finally playing the political game.

[The_Walking_Dead]

Regulation follows money, not the other way around.

[Capybara_Capybara]

Industry influence is clearly growing.