Coinbase and a16z Pledge Over $78 Million to Fairshake PAC for 2026 Midterms

Nov 4, 2024, 03:46 PM

Coinbase and Andreessen Horowitz (a16z) have collectively pledged over $78 million to the pro-crypto political action committee (PAC) Fairshake for the 2026 U.S. midterm elections. Andreessen Horowitz's crypto division, a16z crypto, has committed $23 million to support pro-crypto candidates and legislative agendas. This significant financial backing aims to influence the political landscape in favor of cryptocurrency-friendly policies. The funds will be used to support lawmakers from both parties who advocate for the growth and adoption of cryptocurrency technologies.