A16z crypto
Ripple Drops Another $25M Into Crypto PAC to Sway 2026 Congressional Races
Published
3 hours agoon
By
adminRipple Labs has kicked in another $25 million to the cryptocurrency industry’s Fairshake political action committee, one of the most aggressive and high-dollar campaign-finance operations in corporate history.
The super PAC has made an unprecedented head start on the 2026 election cycle. Between Ripple, crypto exchange Coinbase (COIN) and venture capital firm Andreessen Horowitz (a16z), Fairshake has amassed $73 million in fresh commitments. That’s on top of $30 million held over from the 2024 cycle.
The PAC is still awaiting the results in one U.S. congressional contest in the Nov. 5 elections, but Fairshake’s track record includes backing at least 53 members of next year’s Congress.
“Fairshake is the most successful multi-candidate, bipartisan super PAC in American history,” Ripple CEO Brad Garlinghouse posted Tuesday on X (formerly Twitter). “Electing pro-crypto, pro-growth and pro-innovation candidates is a no-brainer, and to continue that momentum, Ripple is contributing another $25M to Fairshake.”
The $103 million war chest makes Fairshake an unmatched political force to influence the session beginning in 2027, more than two years and a whole congressional cycle from now.
Ripple, Coinbase and a16z made up the vast bulk of resources Fairshake devoted to congressional races in an attempt to ensure pro-digital assets candidates would pass legislation during the session beginning in January. The industry has waited for years for the U.S. government to clarify its rules for this sector, and the resulting uncertainty has left a lot of potential business on the sidelines.
None of the three companies will comment on how decisions are made in the operation of Fairshake, nor how they guide the super PAC’s strategy. But Fairshake’s spokesman, Josh Vlasto, has said the political strategy is a transparent support of crypto advocates from either party who are willing to work across the aisle on legislation.
Each of the three companies has now participated in three rounds of funding for the PAC, each at approximately the same level. The other two had already jumped into the post-election support, and Ripple is now joining them, bringing the company’s overall support to about $73 million.
Source link
You may like
Bitcoin Price May Crash Below $88,000 On Global M2 Money Correlation
Use Bitcoin Easily And Privately With Cake Wallet
Suriname presidential candidate eyes on Bitcoin adoption
US Court Rules Tornado Cash Smart Contracts Not Property, Lifts Ban
Maximizing Bitcoin Accumulation – Beyond the Benchmark
Bitcoin Crashes Under $93,000: What’s Behind It?
Bitcoin Price May Crash Below $88,000 On Global M2 Money Correlation
Use Bitcoin Easily And Privately With Cake Wallet
Ripple Drops Another $25M Into Crypto PAC to Sway 2026 Congressional Races
Suriname presidential candidate eyes on Bitcoin adoption
US Court Rules Tornado Cash Smart Contracts Not Property, Lifts Ban
Maximizing Bitcoin Accumulation – Beyond the Benchmark
Bitcoin Crashes Under $93,000: What’s Behind It?
Trump in considerations for CFTC to regulate crypto
Will XRP Price Reach $2 By The End Of November?
Here Are Three Promising Altcoins for the Next Crypto Market Bounce, According to Top Trader
Bitcoin Script: Focus On The Building Blocks, Not The Wild Geese
Kraken to close NFT marketplace by February 2025
Kraken To Shut Down Its NFT Marketplace
Pump.fun Accounted for 62% of Solana DEX Transactions in November, So Far
Fidelity Investments Director Shares Bitcoin’s Adoption and Valuation Models
182267361726451435
Why Did Trump Change His Mind on Bitcoin?
Top Crypto News Headlines of The Week
New U.S. president must bring clarity to crypto regulation, analyst says
Ethereum, Solana touch key levels as Bitcoin spikes
Bitcoin Open-Source Development Takes The Stage In Nashville
Will XRP Price Defend $0.5 Support If SEC Decides to Appeal?
Bitcoin 20% Surge In 3 Weeks Teases Record-Breaking Potential
Ethereum Crash A Buying Opportunity? This Whale Thinks So
Shiba Inu Price Slips 4% as 3500% Burn Rate Surge Fails to Halt Correction
‘Hamster Kombat’ Airdrop Delayed as Pre-Market Trading for Telegram Game Expands
Washington financial watchdog warns of scam involving fake crypto ‘professors’
Citigroup Executive Steps Down To Explore Crypto
Mostbet Güvenilir Mi – Casino Bonus 2024
Bitcoin flashes indicator that often precedes higher prices: CryptoQuant
Trending
- 2 months ago
182267361726451435
- Donald Trump4 months ago
Why Did Trump Change His Mind on Bitcoin?
- 24/7 Cryptocurrency News3 months ago
Top Crypto News Headlines of The Week
- News3 months ago
New U.S. president must bring clarity to crypto regulation, analyst says
- Bitcoin4 months ago
Ethereum, Solana touch key levels as Bitcoin spikes
- Opinion4 months ago
Bitcoin Open-Source Development Takes The Stage In Nashville
- Price analysis4 months ago
Will XRP Price Defend $0.5 Support If SEC Decides to Appeal?
- Bitcoin4 months ago
Bitcoin 20% Surge In 3 Weeks Teases Record-Breaking Potential