Coinbase and Andreessen Horowitz lead $78 million fundraising for pro-crypto PAC ahead of 2026 elections
cnbc.com —
The pro-crypto super PAC Fairshake has raised $78 million for the 2026 midterm elections, with significant contributions from Coinbase and Andreessen Horowitz. This amount includes over $30 million already raised and $48 million in new commitments. Coinbase has contributed more than $75 million to Fairshake, while Andreessen Horowitz has given $70 million. Fairshake aims to support pro-crypto legislators and has already disbursed approximately $135 million this election cycle. The crypto industry is a major political donor, with nearly half of corporate election contributions coming from this sector. Fairshake's funding has been effective, with a high success rate for candidates it supports in primary races.