Crypto / Digital Assets
Cryptocurrency exchanges, blockchain companies, and the super PACs Fairshake, Defend American Jobs, and Protect Progress that fund crypto-aligned candidates.
Tracked receipts of sector PACs
$90,121,281
Direct giving to candidates
$125,612
IE supporting candidates
$112,172,833
IE opposing candidates
$16,448,950
Transfers to other committees
$86,485,409
LDA reported lobbying spend
$53,511,843
How money flowed in this sector
IDonors outside the sector gave $90M in tracked direct contributions to the 11 sector PACs tracked here, led by Defend American Jobs, Fairshake, Protect Progress.
IIThose PACs gave $126K directly to candidates; spent $112M in independent expenditures supporting candidates; spent $16M against candidates; transferred $86M to other committees ($86M of it to other PACs in this sector). The top tracked candidates by direct giving plus IE support were Bernie Moreno, Michelle Steel, Yadira Caraveo.
IIISector PACs and clients took documented positions on 10 policy outcomes, including GENIUS Act, Guiding and Establishing National Innovation for; CLARITY Act, Digital Asset Market Clarity Act; Financial Innovation and Technology for the 21st Century Act.
Network graph
Top sector PACs (11 tracked)
| # | Name | Direct to candidates | IE support |
|---|---|---|---|
| 1 | Defend American Jobspac | $0 | $53M |
| 2 | Fairshakepac | $0 | $51M |
| 3 | Protect Progresspac | $0 | $8M |
| 4 | REPUBLICANS FOR A PRO-CRYPTO SENATE MAJORITYpac | $80K | $0 |
| 5 | PAYWARD VENTURES INC. PAC (KRAKEN PAC)pac | $25K | $0 |
| 6 | COINBASE, INC. INNOVATION PAC (COINBASE INNOVATION PAC)pac | $9K | $0 |
| 7 | CHAMBER OF DIGITAL COMMERCE POLITICAL ACTION COMMITTEEpac | $8K | $0 |
| 8 | GALAXY DIGITAL SERVICES II LLC POLITICAL ACTION COMMITTEE (GALAXY DIGITAL PAC)pac | $4K | $0 |
| 9 | BITCOIN FREEDOM PACpac | $0 | $0 |
| 10 | BLOCKCHAIN ASSOCIATION POLITICAL ACTION COMMITTEE (BA PAC)pac | $0 | $0 |
Top donors to sector PACs
| # | Name | Direct contributions |
|---|---|---|
| 1 | Marc Andreessenperson | $35M |
| 2 | HOROWITZ, BENperson | $35M |
| 3 | COINBASE INCorganization | $3M |
| 4 | Cameron Winklevossperson | $2M |
| 5 | Tyler Winklevossperson | $2M |
| 6 | AH CAPITAL MANAGEMENTorganization | $2M |
| 7 | Ben Horowitzperson | $2M |
| 8 | COINBASEorganization | $2M |
| 9 | Fred Wilsonperson | $1M |
| 10 | Brian David Armstrongperson | $1M |
Top candidates by sector PAC money
| # | Name | Direct from sector PACs | IE support |
|---|---|---|---|
| 1 | Bernie Morenoperson | $0 | $40M |
| 2 | Michelle Steelperson | $0 | $6M |
| 3 | Yadira Caraveoperson | $0 | $4M |
| 4 | Patrick Ryanperson | $0 | $4M |
| 5 | HELMER, DANIEL I. DEL.person | $0 | $4M |
| 6 | Mary Sattler Peltolaperson | $0 | $4M |
| 7 | Young Kimperson | $0 | $4M |
| 8 | Steven Horsfordperson | $0 | $4M |
| 9 | Juan Ciscomaniperson | $0 | $3M |
| 10 | John R. Curtisperson | $0 | $3M |
Policy outcomes the sector touched
| # | Outcome | Positions |
|---|---|---|
| 1 | GENIUS Act, Guiding and Establishing National Innovation for U.S. Stablecoins (S legislation · enacted | 16 |
| 2 | CLARITY Act, Digital Asset Market Clarity Act legislation · passed | 10 |
| 3 | Financial Innovation and Technology for the 21st Century Act (FIT21, H.R.4763) legislation · passed | 8 |
| 4 | Financial Data Transparency Act Joint Data Standards regulation · proposed | 6 |
| 5 | Regulation for Federal Financial Assistance regulation · proposed | 5 |
| 6 | Interagency Guidance on Reconsiderations of Value of Residential Real Estate Val regulation · proposed | 4 |
| 7 | Quality Control Standards for Automated Valuation Models regulation · proposed | 4 |
| 8 | Quality Control Standards for Automated Valuation Models regulation · enacted | 4 |
| 9 | Interagency Guidance on Reconsiderations of Value of Residential Real Estate Val regulation · enacted | 4 |
| 10 | Federal Independent Dispute Resolution (IDR) Process Administrative Fee and Cert regulation · enacted | 3 |
Methodology
Sector PACs are the PAC-typed entities tagged crypto minus candidate, party and leadership committees (excluded by FEC designation and name rule). Every dollar figure counts only donation rows that pass the standard exclusions (no conduit memos, self-transfers, unverified name matches, quarantined or superseded rows). Direct contributions, independent expenditures supporting, independent expenditures opposing, transfers to other committees and LDA lobbying are reported as separate figures and never added together. Receipts count donors outside the sector only, so a super PAC funding its own affiliated committees is not counted twice. Lobbying amounts cover every issue on each LDA filing. Numbers reflect QPQ Tracker rows only and may understate the official FEC cycle totals where the inflow ingest is incomplete.