The Blockchain Leadership Fund, a political action committee (PAC) aimed at advancing digital asset and blockchain policy in the US, has announced its candidates for the 2026 midterm elections. Funded by crypto-industry capital, the fund stated it will support four candidates for the Senate and six for the House of Representatives. This is reported by Cointelegraph.com .
Established in March by Chainlink Labs and Anchorage Digital, this PAC aims to advocate for cryptocurrency interests in the US political arena, joining major committees like Fairshake. The supported candidates include Republicans from Alabama, Montana, and Ohio, as well as Democrats from states like Minnesota and Maryland. According to an Anchorage Digital representative, bipartisan participation is crucial for the US to remain a global leader in financial technology.
According to Federal Election Commission (FEC) data, the Blockchain Leadership Fund currently holds 175,000 USD, with 100,000 USD contributed by Anchorage and 75,000 USD by Chainlink. It is a hybrid PAC, authorized to both make direct contributions to candidates and conduct independent advertising campaigns.
The political influence of the crypto industry is not limited to this fund alone. For instance, structures associated with Fairshake, such as Defend American Jobs and Protect Progress, have already spent millions of dollars in various state primaries. Additionally, the Fellowship PAC, funded by Cantor Fitzgerald and Anchorage Digital, reportedly allocated 500,000 USD to support the candidacy of Texas Attorney General Ken Paxton.
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