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TechFlow news, April 21: According to Bloomberg, the cryptocurrency industry’s political action committee (PAC) has amassed $180 million in funding for the U.S. midterm elections—surpassing the funding levels of several major Republican super PACs. The report states that most of this funding carries over from last year, with the majority held by Fairshake. Fairshake’s primary funders include Coinbase, Ripple Labs, and Andreessen Horowitz.
According to Bloomberg, the cryptocurrency industry’s political action committee (PAC) has amassed $180 million in funding reserves for the U.S. midterm elections—a sum even exceeding that of some major Republican super PACs. The report states that most of these funds were carried over from last year, with the majority held by Fairshake. Fairshake’s primary funders include Coinbase, Ripple Labs, and Andreessen Horowitz.
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