Deep Tide TechFlow news, according to DL News, after investing $133 million in the cryptocurrency industry for the 2024 election, $78 million has been raised for the 2026 midterm elections. Among them, Coinbase has pledged $25 million to the cryptocurrency-supporting political action committee Fairshake, while Andreessen Horowitz has also committed over $23 million to Fairshake and its affiliated political action committee.
Blockchain Association CEO Kristin Smith stated that the 2024 election shows the significant influence of the cryptocurrency industry and its community. Data indicates that there are 275 members of the new House of Representatives who support cryptocurrency, compared to only 122 opponents. The industry anticipates that with Trump's victory and SEC Chairman Gensler's imminent departure, the U.S. cryptocurrency regulatory environment will undergo significant changes.