With just 22 days until the US midterm elections, a crypto-aligned committee has announced another major ad expenditure to support “pro-crypto” candidates in 2026.
Update (Oct. 13, 3:41 am UTC): This article has been updated to reflect that Andreessen Horowitz is one of the contributors funding Fairshake, and not Cantor Fitzgerald.
Affiliate entities of Fairshake, the US political action committee (PAC) funded largely by contributions from Andreessen Horowitz, cryptocurrency exchange Coinbase and Ripple Labs, reported millions of dollars worth of ad buys to support candidates they considered in favor of pro-digital asset policy with the country’s midterm elections less than a month away.
On Saturday, filings with the US Federal Election Commission (FEC) showed a combined $2.7 million in spending on media by the Defend American Jobs and Protect Progress PACs. The two Fairshake affiliates reported expenditures on media and direct mail productions to support Democratic and Republican candidates running for US House of Representatives seats in 2026.
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