• Crypto & Funx
• 01 Jan, 2025

Coinbase pledged an additional $25 million to support crypto-friendly political candidates through Fairshake PAC.

The latest pledge brings Coinbase's total contributions to nearly $100 million in support of pro-crypto policies.  Coinbase's latest funds aim to influence the 2026 midterms with a pro-crypto agenda .

nd classifying digital assets to curb the Securities and Exchange Commission’s () regulation by enforcement.

Industry Support Strengthens Fairshake’s Influence

To achieve this goal, the company has been constantly funding Fairshake, which aims to support pro-innovation and pro-crypto leadership in the 2024 Congressional Elections. To date, Coinbase has donated nearly $100 million to the political action committee, making it the largest single donor from the emerging economy supporting the PAC.

However, for the latest $25 million, Coinbase said the fund will be

hile the 2024 election has yet to be concluded, Coinbase is already advancing its support to the 2026 candidates through Fairshake. The political action committee has also financial support from major industry players like Ripple, its chief executive officer Brad Garlinghouse, Andreessen Horowitz, and the Winklevoss brothers Tyler and Cameron.

Internal Disputes Shake Fairshake’s Support

Fairshake has received more than $200 million in funding this election cycle alone. Its end goal remains to endorse crypto-friendly politicians from both Republican and Democratic parties to represent the interests of the emerging economy in general decision-making.

With more than $40 million allocated to the final weeks of the 2024 US e