Coinbase Follows Ripple & a16z With $25M Donation To Fairshake Crypto PAC

Coinbase has made headlines today by announcing a $25 million donation to a pro-crypto political action committee (PAC) for the upcoming U.S. election. Notably, this contribution, as reported by FOX journalist Eleanor Terret, brings the total raised by the crypto industry for political campaigning to $161 million.

Meanwhile, the funds aim to support congressional candidates favorable to cryptocurrency, indicating a strategic push to influence U.S. crypto regulations.

Coinbase Donates $25 Million Following Ripple & a16z

Coinbase’s recent $25 million contribution aligns it with other industry giants like Ripple and Andreessen Horowitz (a16z), who each donated similar amounts last week. This collective effort has amassed one of the largest campaign cash reserves in U.S. politics. According to the FOX report, these funds are bolstering the Fairshake PAC and its affiliates, which are actively supporting candidates with pro-crypto positions.

Meanwhile, Coinbase emphasized its commitment to increasing economic freedom through cryptocurrency adoption. The report noted that the leading crypto has donated the amount as the House and Senate play a crucial role in mapping the crypto and other related legislations.

Considering that, Coinbase is focusing on pro-crypto members in the upcoming U.S. Presidential election. In other words, this latest strategic move underscores the industry’s focus on shaping favorable legislation and policies.

Meanwhile, the contributions from Coinbase, Ripple, and a16z have the potential to place them among the top individual company donors in U.S. politics. Their efforts reflect the industry’s recognition of U.S. regulations as a significant hurdle to broader global acceptance and mainstream adoption of digital assets. With recent signs of shifting attitudes among U.S. lawmakers, the next congressional session could be pivotal for establishing clear rules for cryptocurrencies.

Also Read: Can Ethereum (ETH) Price Mirror May’s 27% Gain Again This Month?

Aiming for Legislative Change

The cryptocurrency industry’s campaign contributions are not just about financial influence but also about fostering relationships with policymakers. Notably, Super PACs, like Fairshake, allow corporations to inject unlimited funds into elections, significantly impacting political races.

In addition, these PACs operate independently of candidate campaigns but can run ads supporting or opposing candidates. Despite Fairshake’s substantial fundraising and spending power, details about its management and donor involvement remain opaque.

By contributing to PACs, the crypto industry rivals traditional political sectors in campaign financing. Meanwhile, the Coinbase-led initiative “Stand With Crypto” has received support from around 950 pro-crypto voters, while raising over $87 million since its launch in August this year.

Notably, Coinbase’s $25 million donation to the Fairshake PAC marks a significant step in the crypto industry’s efforts to influence U.S. legislation. As the industry continues to invest in political campaigns, the upcoming elections could play a crucial role in shaping the future of cryptocurrency regulations and adoption in the United States.

Also Read: JASMY Price Dips On Massive Dumping By Crypto Firm

✓ Share:

• Recommended
• Price Analysis

• SOL Rises as Nasdaq-listed Forward Completes $1.65B Raise For Solana Treasury
• Breaking: U.S. CPI Inflation Rises To 2.9% YoY, Bitcoin Reacts
• Over $4 Billion in Bitcoin and Ethereum Options Expiring After US CPI
• South Korea Ends 2018 Ban on VC Investments in Crypto Firms
• Wall Street’s CPI Forecast: Expert Examines if Bitcoin Price Can Sustain Triangle Breakout?

• ETH Price Prediction As Bitmine and SharpLink Continue ETH Buying Spree- Analyst Predicts $7K Next
• AVAX Price Prediction as Avalanche $1B Treasury Gains Momentum – Is $55 in Sight?
• Pump Price Forecast as $12M Buyback Fuels Scarcity — Is $0.01 in Sight?
• SUI Price Prediction as Mysten Labs Meets SEC Ahead of ETF Decision—Is $7.5 Next?
• Can Dogecoin Price Hit $1 as Derivative Volume Jumps Ahead of DOGE ETF Launch

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.