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Coinbase, a16z, the Winklevoss twins, and others put $78M in crypto super PACs, an immense figure raised in just three months, ahead of the 2024 US elections

Cryptocurrency industry leaders have poured $78 million into super PACs aimed at bolstering and growing the ranks of crypto-friendly lawmakers …

Axios Andrew Solender

Discussion

  • @andrewkjennings.com Andrew Jennings on bluesky
    The main outcomes of these super PACs will be new lake houses for some political consultants and college educations for their children.  [embedded post]
  • @leomschwartz Leo Schwartz on x
    A who's who in crypto is working hard to fill the Sam Bankman-Fried-sized hole in campaign donations [image]
  • @wublockchain Wu Blockchain on x
    The Fairshake Super PAC, which represents the U.S. national cryptocurrency community, has raised more than $78 million (and counting) from 20 companies and more to support pro-crypto candidates in 2024. Donors include a16z, Ark, Brian Armstrong and Blockchain Capital, among...
  • @ddisparte Dante Disparte on x
    It is great to see responsible players in the industry supporting efforts to protect consumers and promote responsible, U.S. innovation, technological leadership and jobs in financial services and technology. https://www.prnewswire.com/...
  • @teddyschleifer Teddy Schleifer on x
    🚨Holy shit, a group of tech and crypto investors have put $78 MILLION into a series of super PACs over the last three months. Group will support pro-crypto candidates. List of backers —> https://www.prnewswire.com/... [image]
  • @cdixon @cdixon on x
    Last week, @bhorowitz posted about how @a16z will become more active in supporting pro-technology candidates across the country. Aligned with that strategy, today we announced our contribution to the Fairshake PAC, which will work to elect leaders who champion thoughtful crypto..…
  • @bgarlinghouse Brad Garlinghouse on x
    Team @Ripple is putting a stake in the ground, leading the charge with other industry leaders to support pro-innovation and pro-crypto candidates in the 2024 US election cycle. The US cannot afford to continue taking a back seat on the global stage. Regulatory overreach (esp from…