Coinbase-backed crypto advocacy group unveils 2026 election plan
Background and Key Developments
Stand With Crypto, a crypto advocacy group backed by Coinbase, has announced its strategy for the 2026 U.S. midterm elections. Following its success in mobilizing crypto-minded voters during the 2024 elections, the group has decided to prioritize House races in two U.S. states during the midterms.
Strategic Focus and Financial Commitment
- The group has built a 2.6-million-member base across 50 state chapters, indicating strong grassroots engagement.
- Coinbase has committed $25 million to support the 2026 midterms through a pro-crypto super PAC, signaling significant financial backing.
- Other major crypto firms such as a16z, Jump Crypto, Uniswap Labs, and Ripple Labs have also doubled down on their support for pro-crypto candidates.
Industry-Wide Political Spending Trends
The cryptocurrency sector is increasing its political spending ahead of the 2026 midterms. As of 2025, the industry has amassed over $263 million in political funds, aiming to rival traditional industries like oil in political influence.
Notably, crypto super PACs such as Fairshake have already committed substantial funds—Fairshake has $116 million on hand for the 2026 elections—and have launched targeted efforts, such as a $1.5 million campaign to unseat Al Green in Texas.
Related Campaigns and Policy Initiatives
The crypto industry is also pushing for policy changes, including the CLARITY Act, which aims to reform campaign finance and ensure transparency in political spending. The industry’s growing political presence is reflected in its increasing influence on legislative agendas and public discourse.
來源：https://cointelegraph.com/news/stand-with-crypto-coinbase-midterm-election-strategy