Nov 5, 02:04 AM

Andreessen Horowitz Commits $23M to Fairshake PAC for 2026 Midterms, Crypto Industry Raises $78M

Andreessen Horowitz has committed $23 million to the political action committee Fairshake to support crypto-friendly candidates during the 2026 U.S. midterm elections. The crypto industry has already raised $78 million for the 2026 midterms, with Fairshake PAC playing a significant role and raising $170 million in 2024. Overall, the crypto industry has spent at least $238 million in the current election cycle, surpassing traditional industries such as oil and gas, pharmaceuticals, and some Wall Street powerhouses. This substantial financial influence highlights the growing political clout of the crypto industry, which aims to support lawmakers from both parties who favor crypto-friendly policies.

#Andreessen Horowitz #Fairshake #Fairshake PAC #Wall Street

Written with ChatGPT (GPT-4o).