Crypto Industry Leads Record Spending in California Congressional Races

Cryptocurrency companies are investing millions to influence key swing districts and shape future regulations.

Fairshake, a super PAC funded by crypto companies, has spent nearly $7 million in California's competitive House races this election cycle.
Coinbase and other major crypto players are backing both Republican and Democratic candidates who support crypto-friendly legislation.
Fairshake's spending is aimed at helping Republican incumbents in Southern California and the Central Valley retain their seats.
Coinbase plans an additional $25 million investment for the 2026 midterms to maintain crypto's influence in U.S. politics.
Stand with Crypto, an advocacy group, is mobilizing pro-crypto voters, with over 400,000 engaging in voter registration efforts.