Fairshake Announces Support for 32 House of Representatives Members, Investing 6 Million Dollars
2026-10-08 14:40:10
According to CoinMeta, the Crypto Political Action Committee (CPAC), funded by Coinbase, Ripple, and a16z, announced that it will support 32 incumbent members of the House of Representatives in the 2026 U.S. midterms, including 19 Republicans and 13 Democrats. Initially, $1 million will be allocated to three key members from each party, totaling $6 million. The 32 supported candidates all voted in favor of Clarity Act in 2025. As of August, Fairshake holds a cash balance of $122 million and is expected to invest over $100 million in the key races for both the Senate and House in these midterms, with the aim of establishing the largest cross-party "pro-crypto" caucus in U.S. history.
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