PANews reported on November 27, according to CoinDesk, that Ripple Labs has invested an additional $25 million into the Fairshake political action committee in the cryptocurrency industry to influence the 2026 U.S. congressional elections.
The super political action committee has achieved an unprecedented advantage in the 2026 election cycle. With the help of Ripple, cryptocurrency exchange Coinbase, and venture capital firm Andreessen Horowitz (a16z), Fairshake has accumulated $73 million in new commitments. This is additional funding on top of the $30 million reserved for the 2024 cycle.
The political action committee is still awaiting the results of the November 5 congressional elections in the United States. Fairshake's past record includes supporting at least 53 congressional candidates for next year. $103 million in campaign funding has made Fairshake an important political force that will influence the sessions starting in 2027.