Crypto Firms Spend $189M to Shape 2026 U.S. Elections
Crypto companies have contributed $189 million to influence the 2026 U.S. Election, making it the largest source of disclosed corporate spending. According to the Public Citizen report, the figure represents 37% of the $517 million in disclosed corporate election spending. The report identified Ripple, Crypto.com, and Coinbase as the biggest contributors, with combined spending of $123.4 million. Ripple supplied $49.6 million, Crypto.com provided $38.6 million, and Coinbase added $35.2 million through the first quarter of 2026. Fairshake and MAGA Inc. Capture $138.8M in Crypto Funding Meanwhile, Gemini founders Tyler and Cameron Winklevoss contributed another $25.7 million. Their support raised total spending by the four major crypto groups to nearly $149 million. Much of the industrys political funding flowed to two major super PACs. Fairshake received $82.6 million in crypto-related contributions, while Trump-aligned MAGA Inc. collected $56.2 million from companies connected to the sector. Another political vehicle, the Cantor Fitzgerald-backed Fellowship PAC, received $10 million from the Wall Street firm, which also serves as a banking partner to stablecoin issuer Tether. According to Public Citizen, these committees support or oppose candidates from either major party based on positions affecting the commercial interests of their corporate backers. Additional contributions further expanded the sectors political reach. Blockchain.com supplied $5 million