According to Foresight News, a16z partner Chris Dixon posted on social media, “Today we donated more than $23 million in additional funds to Fairshake and its affiliated political action committees (PACs) for the 2026 midterm election cycle. No matter what happens on Election Day, we are taking a long-term approach to policy efforts. Contributions to Fairshake are just an important part of achieving our ultimate goal, which is to establish clear laws to regulate the encryption industry while protecting consumers and allowing entrepreneurs to innovate and build with confidence. Many industries come to Washington to cut regulations, and we are here to establish regulations.”