Crypto-backed group gathers $141M funding to influence US elections🎇🎇🎊🎊
Fairshake reported raising $52 billion from the crypto industry in the first half of 2025, at a time when candidates previously supported by the PAC were providing crucial votes
Fairshake, a US-based political action committee (PAC) backed by contributions from cryptocurrency companies including Coinbase and Ripple Labs, reported holding $141 million in assets to be used to influence upcoming elections.
In a statement released on Tuesday, Fairshake said it had raised about $52 million in the first half of 2025, with $25 million from Coinbase. This total, including its $109 million raised since November 2024, had the PAC holding more funds than it spent on congressional races in the last US election cycle.
