PANews reported on August 28 that according to Cointelegraph, Mike Collins has served as a representative of Georgia's 10th Congressional District in the U.S. House of Representatives since 2023. He disclosed three altcoin investments during his tenure in Congress. In the financial disclosure report submitted by Congressman Collins between July and August, he revealed that he purchased Velodrome (VELO) worth $15,000, The Graph (GRT) worth $15,000, and Aerodrome Finance (AERO) worth $115,000. The same disclosure showed that the U.S. congressman partially sold his AERO holdings on August 4, and then purchased another $15,001 to $50,000 worth of AERO on August 5.

The filing suggests that Collins is one of the few members of Congress who actively trades smaller tokens, a departure from cryptocurrencies like Bitcoin and Ethereum. However, in January, Collins also disclosed that he had purchased $65,000 worth of Ethereum.