Fairshake, a Cryptocurrency Super Political Action Committee (PAC), Is Preparing for a High-stakes Battle in the 2026 US Midterm Elections with $116 Million in Cash Reserves

The PAC has rapidly grown into one of the most influential forces in Washington, aiming to reshape regulations in favor of digital assets.

Key Notes

Fairshake, a cryptocurrency super political action committee (PAC), is preparing for a high-stakes battle in the 2026 US midterm elections with $116 million in cash reserves, CNBC reported Thursday.

The latest funding round includes $11 million in new contributions from Coinbase, Ripple, Andreessen Horowitz (a16z), Uniswap Labs, and Superstate founder Robert Leshner. These firms, along with Jump Crypto, have also made additional pledges to the committee.

The influx of cash cements crypto's political influence at a level once dominated by Wall Street, Big Tech, and the defense industry.

Since 2024, Coinbase alone has funneled a total of $75 million into Fairshake and affiliated PACs. The exchange has also pledged to donate another $25 million for 2026.

Fairshake now boasts a war chest that rivals major lobbying groups, and the super PAC plans to use the fresh fund to support crypto-friendly candidates in key congressional races during the midterms.

“With the midterms on the horizon, we are poised to continue backing candidates committed to advancing innovation, growing jobs, and enacting thoughtful, responsible regulation,” Fairshake said.

Crypto PACs spent over $245 million during the 2024 elections, accounting for nearly half of all corporate political donations.

This level of spending highlights how digital asset firms have evolved from industry outsiders to major power players in Washington.

Congress is now turning up the heat on regulators like the SEC, with committees investigating agencies for alleged overreach.