Coinbase pledges $25 million to Fairshake PAC for pro-crypto candidates in 2026 midterms

Coinbase pledges $25 million to Fairshake PAC for pro-crypto candidates in 2026 midterms

Reported by The Block: Coinbase is planning ahead and is committed to pouring a further $25 million into Fairshake to boost pro-crypto candidates ahead of the 2026 midterms.
Coinbase CEO Brian Armstrong said the crypto voter is “already a force to be reckoned with.”

Coinbase has pledged an additional $25 million donation to super political action committee Fairshake to support pro-crypto candidates ahead of the 2026 midterm elections.

The crypto exchange, which has made multiple donations to Fairshake for the current election cycle, wrote in a blog post on Wednesday that the company is committed to “helping Fairshake and its affiliates remain a force in the next election cycle by committing another $25 million to their efforts.”

“The stakes are too high for us to stand on the sidelines,” Coinbase said. “If we can disrupt the destructive efforts of anti-crypto politicians in DC during the tumult of a presidential election, imagine the strides we can make ahead of the Midterm elections.”

Fairshake, which has raised over $200 million for the current election cycle, has gained funding from major crypto companies and investment firms, including Ripple and a16z. While super PACs are not allowed to donate money directly to political candidates, Fairshake has run ads against anti-crypto candidates, with California senate candidate Katie Porter — who lost her primary — as a notable example.

“We get the U.S. election results in six days, and no matter how you slice it, it will be the most pro-crypto congress ever,” Coinbase CEO Brian Armstrong said in a post on X. “But we're not slowing down post-election…The crypto voter is already a force to be reckoned with, but it will continue to grow.”

Source

Coinbase

Related News
Coinbase shares drop 15% after weaker-than-expected earnings report Coinbase shares drop 15% after weaker-than-expected earnings report
Coinbase introduces 'Based Agent' for creating AI agents in 3 minutes Coinbase introduces 'Based Agent' for creating AI agents in 3 minutes
Ark Invest buys $8.4 million worth of Coinbase shares amid post-debate dip Ark Invest buys $8.4 million worth of Coinbase shares amid post-debate dip
Block Inc. overtakes Coinbase in market capitalization as Barclays revises price target Block Inc. overtakes Coinbase in market capitalization as Barclays revises price target
Coinbase will enable 1:1 conversions between the euro and MiCA-compliant stablecoin EURC Coinbase will enable 1:1 conversions between the euro and MiCA-compliant stablecoin EURC
Latest News More More
57 Minutes Ago Meta opens Llama AI model up to US military
1 Hour Ago Bitcoin price needs 2 months to return 'above macro trend' — Forecast
1 Day Ago Trump dump: Crypto liquidations hit $350M as Bitcoin drops below $69K
1 Day Ago Viral squirrel ‘Peanut’ triggers Solana memecoin frenzy
4 Days Ago ZetaChain resumes block production after a six-hour outage
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open