With just one day left until the U.S. elections, cryptocurrency companies have already invested tens of millions of dollars in the upcoming 2026 election cycle. The bipartisan super PAC Fairshake announced on Monday that it and its affiliates have raised $78 million for the 2026 midterm elections. This $78 million includes over $30 million that has been raised, along with an additional $48 million in new commitments from companies such as the cryptocurrency exchange Coinbase and Silicon Valley venture capital firm Andreessen Horowitz (a16z). Overall, a16z has donated $70 million to Fairshake, as the venture capital firm aims to support the PAC's broader mission of establishing a Congress composed of pro-cryptocurrency lawmakers.

PANews, November 4 - According to CNBC, with only one day left until the U.S. elections, cryptocurrency companies have already invested tens of millions of dollars in the upcoming 2026 election cycle. The pro-cryptocurrency and bipartisan super political action committee Fairshake announced on Monday that it and its affiliates have raised $78 million for the 2026 midterm elections.

The $78 million includes over $30 million already raised, as well as an additional commitment of $48 million from other companies, including the cryptocurrency exchange Coinbase and Silicon Valley venture capital firm Andreessen Horowitz (a16z).

Overall, a16z has donated $70 million to Fairshake, as this venture capital firm aims to support the PAC's larger mission of establishing a Congress comprised of lawmakers who support cryptocurrency.

Companies like Coinbase and a16z have invested over $78 million into PACs supporting crypto in preparation for the 2026 elections.