Coinbase to Give Another $25 Million to Fairshake Super PAC in 2025

Pro-crypto super PAC Fairshake will receive another $25 million from cryptocurrency exchange Coinbase in 2025 to support its efforts in the next election cycle.
Fairshake’s website says it aims to advocate for a more transparent regulatory and legal framework for the crypto industry that will enable blockchain innovators to better develop their networks.
He also announced that the exchange would make another sizable contribution to Fairshake and support the Stand With Crypto Alliance, a non-profit organization dedicated to uniting global crypto advocates.
Coinbase also donated about $70.5 million to the super PAC during the 2023-2024 cycle.
“Coinbase has committed another $25M to support Fairshake PAC, which they will use leading up to the 2026 midterms to elect pro-crypto candidates,” he said.
“We’re also supporting Stand With Crypto in their stretch goal to reach 4m advocates by the 2026 midterms,” Armstrong added.
His sons, Donald Trump Jr. and Eric Trump, also launched a decentralized finance (DeFi) platform for borrowing and lending in September, which the Republican nominee has endorsed.
Vice President Kamala Harris has yet to reveal an official position on crypto—a term used to refer to decentralized digital currencies that operate without centralized control by a government or central bank—reflecting a broader silence within her party.
One in seven of the 1,004 survey respondents said crypto was “extremely” or “very” important in deciding who to vote for.
The survey also revealed that, “Both sets of voters think their own candidate is more supportive of crypto than the opponent is.”
The survey also showed there is bipartisan support for government regulations of the industry that “encourage growth and also protect consumer freedoms.”
At least 25 percent of Democrats and 21 percent of Republicans in the survey said a candidate’s pro-crypto stance would positively impact their likelihood of voting for them.
“Both presidential candidates, as well as politicians across the political spectrum, have adopted more favorable positions toward crypto—a significant shift from previous years,” the exchange said.
“This is evident in the recent bipartisan passage of pro-crypto legislation, despite opposition from the White House, demonstrating that support for crypto is gaining momentum.”