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Crypto's political power supercharged with $193 million in Fairshake, thanks to new cash

Fairshake raised $193 million, rivaling top PACs, to support pro-crypto candidates and influence key digital asset regulations, according to the group.

  • Ahead of the Jan. 31 reporting deadline, Fairshake disclosed it amassed $193 million by the end of last year, including funds from Protect Progress and Defend American Jobs.
  • Major industry donors contributed $25 million from blockchain company Ripple, $24 million from Andreessen Horowitz , and $25 million from Coinbase in the second half of 2025.
  • Fairshake political action committee spent roughly $195 million helping elect pro-crypto lawmakers and aided more than 50 candidates while using outside advertising that rarely mentions crypto.
  • Part of the bill will get its first vote Thursday in the Senate Agriculture Committee as senators consider amendments, while the Senate Banking Committee delayed its portion after the White House pushed back on two provisions.
  • If spent this year, the haul would likely place Fairshake among the top five PACs, while Polymarket prediction markets give Democrats a 79% chance in the House and 36% in the Senate.
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Coindoo broke the news on Wednesday, January 28, 2026.
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