Connect with us

Policy & Regulation

How much Fairshake and its affiliates spent in your state

Published

on

Credit : cryptonews.net

Fairshake and its affiliated Tremendous PACs, Shield Progress and Defend American Jobs, have been very lively contributors this election cycle and have efficiently spent cash in a number of races.

Protos used Federal Election Fee knowledge collected by OpenSecrets to assist decide which states had been the most important recipients of cash from these crypto industry-affiliated entities.

This roughly $133 million in spending was dominated by Ohio, the place over $40 million was launched by Defend American Jobs to assist the marketing campaign of Republican Bernie Moreno, who gained the state’s Senate race.

Learn extra: Crypto guarantees that Donald Trump should now ship

In different costly races, about $10 million was used to oppose Katie Porter within the California Democratic Senate, $10 million to assist Democrat Elissa Slotkin in her profitable race for Senate in Michigan, and simply over $10 million to assist Democrat Ruben Gallego in his profitable Arizona Senate run.

Andreessen Horowitz, a serious Silicon Valley enterprise capital agency, has already accomplished that has dedicated greater than $23 million to Fairshake and related Tremendous PACs for the 2026 medium-term cycle, leaving crypto as an election difficulty.

READ  Fairshake Notches Another Win With Arizona's Ruben Gallego; 16 House Seats Still Uncalled

Adoption

Adoption5 days ago

Here’s why Solana could be a trillion-dollar network by 2030

Credit : cryptoslate.com For years, the idea inside crypto and inside conventional finance was easy: when institutional adoption lastly matured,...

Adoption6 days ago

How Wall Street’s Ripple bet gives XRP a big institutional role

Credit : cryptoslate.com Ripple’s newest funding spherical got here with uncommon pressure for an organization lengthy outlined by lawsuits and...

Adoption1 week ago

Bitcoin faces shaky support as institutional buying wanes

Credit : cryptoslate.com For many of 2025, Bitcoin’s backside appeared immovable, supported by an unlikely alliance of company bonds and...

Adoption2 weeks ago

Washington does a 180 as Treasury Secretary Scott Bessent dubs Bitcoin ‘more resilient than ever’

Credit : cryptoslate.com For the primary time, a sitting US Treasury Secretary has described Bitcoin as greater than only a...

Adoption2 weeks ago

Steak n Shake isn’t just flipping burgers; they’re funneling profits directly into a Strategic Bitcoin Reserve

Credit : cryptoslate.com Steak n Shake simply made quick meals and Bitcoin historical past. On White Paper Day, the 91-year-old...

Adoption2 weeks ago

Why exchange channels break a favorite Bitcoin metric

Credit : cryptoslate.com The Bitcoin Lightning Community was as soon as the crown jewel of Bitcoin’s scaling story, a dwelling...

Adoption2 weeks ago

Has Mastercard accepted the inevitability of crypto? Spends $2B on tokenization platform

Credit : cryptoslate.com Mastercard may quickly make a major funding to completely enter the crypto house. Based on ReutersThe corporate...

Adoption2 weeks ago

MetaMask advances towards a unified crypto wallet by adding Bitcoin

Credit : cryptoslate.com For years, MetaMask was the default gateway to Ethereum, the browser extension that turned “join pockets” into...

Trending