Fairshake, the Cryptocurrency-Focused Super Political Action Committee, Has More Than $116 Million Set Aside for the 2026 Midterms

After making a significant impact during the 2024 election, the crypto-backed committee has touted its substantial war chest as it prepares for the next election cycle

Cryptocurrency-focused super political action committee Fairshake has reportedly secured more than $116 million for the 2026 midterm elections.

The committee, which played a key role in electing pro-crypto candidates in the last United States election, has touted its substantial war chest as it prepares for the next election cycle.

According to a report by CNBC on Jan. 30, Fairshake has received $116 million in contributions from major cryptocurrency industry players ahead of the 2026 midterm elections.

Among the major donors are Coinbase, Ripple and a16z, each of which is reportedly pledging more than $20 million to the committee. Crypto-focused venture capital firm Jump Crypto is also among the donors.

Coinbase, Ripple each contribute over $20 million to Fairshake super-PAC

U.S.-based crypto exchange Coinbase, XRP creator Ripple and Silicon Valley venture capital giant Andreessen Horowitz are among the major donors to Fairquake, a super-PAC that supports crypto-friendly candidates in key congressional races during the midterms.

According to a report by CNBC, each of the three companies is contributing more than $20 million to Fairshake. The committee plans to use these contributions to support crypto-friendly candidates in key congressional races during the midterms.

In the last election, the super-PAC raised over $200 million, part of which went towards supporting crypto-friendly Bernie Moreno against the then Ohio senator Sherrod Brown.

Moreno’s campaign received $12 million from Fairshake, a contribution that helped mount a successful campaign against the Democrat. Brown’s loss was one of the biggest victories for crypto.

In 2024, Coinbase contributed over $75 million to the super PAC and affiliated committees. Reports say the exchange has committed $25 million to the midterm elections.

Meanwhile, Ripple has committed $20 million, having shelled out $50 million in 2024. Ripple CEO Brad Garlinghouse said in December that the U.S. Securities and Exchange Commission’s negative approach to crypto is what pushed industry players to create Fairshake.

a16z, on its part, plans to donate $23 million, adding to the over $70 million donated across several election cycles. Fairshake’s latest donations also include support from Uniswap Labs and Robert Leshner, the founder of Superstate.