Crypto Firms Dominate 2024 Election Spending
Cryptocurrency companies account for nearly half of all corporate donations, influencing races across party lines.
- Crypto companies have contributed $119.2 million to federal elections this cycle, nearly half of all corporate spending.
- Coinbase and Ripple are responsible for 80% of crypto donations this election cycle.
- The pro-crypto super PAC Fairshake has pledged significant funds to both Democratic and Republican candidates.
- Former President Trump and Vice President Harris are both actively courting crypto industry support.
- Crypto donations have surpassed those from traditional sectors like big oil and banking.