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Fairshake PAC Raises $193M Ahead of Midterms

1/29/2026

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Summary

Story summary

Fairshake, a crypto political action committee, raised $193 million by the end of 2025 to influence the midterms.
The funds support candidates from both parties and come from sister PACs Protect Progress and Defend American Jobs.
Major donations included $25 million from Ripple and $24 million from Andreessen Horowitz's a16z in late 2025.
The fundraising coincides with lawmakers preparing to vote on a significant cryptocurrency bill this week.

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Story summary

Fairshake, a crypto political action committee, raised $193 million by the end of 2025 to influence the midterms.
The funds support candidates from both parties and come from sister PACs Protect Progress and Defend American Jobs.
Major donations included $25 million from Ripple and $24 million from Andreessen Horowitz's a16z in late 2025.
The fundraising coincides with lawmakers preparing to vote on a significant cryptocurrency bill this week.