Coinbase Commits $25M to Fairshake in Push for Pro-Crypto Candidates for 2026 Midterms

Coinbase has announced a $25 million donation to the super political action committee Fairshake, aiming to bolster support for pro-crypto candidates in the upcoming 2026 midterm elections.

The latest contribution adds to a series of donations the cryptocurrency exchange has already made to Fairshake during the current election cycle.

In a blog post released on Wednesday, Coinbase said it is committed to ensuring Fairshake remains influential in future elections.

Coinbase Says “The Stakes Are Too High”

Coinbase claimed the “stakes are too high for us to stand on the sidelines,” underscoring the need to counter the efforts of anti-crypto politicians in Washington, D.C.

“If we can disrupt the destructive efforts of anti-crypto politicians during the tumult of a presidential election, imagine the strides we can make ahead of the midterm elections.”

Fairshake has emerged as a significant player in political fundraising, raising over $200 million this election cycle with contributions from major crypto firms, including Ripple and Andreessen Horowitz (a16z).