According to Bloomberg, crypto industry donors have donated $94 million to U.S. federal political committees since 2023, exceeding the $83 million donated in the previous election cycle, with most donations coming from political action committees (PACs). Coinbase and Ripple Labs donated $20.5 million and $20 million respectively, while Marc Andreessen and Ben Horowitz each donated $9 million to Fairshake, billionaire twins Cameron and Tyler Winklevoss each donated $2.5 million, and Coinbase Global CEO Brian Armstrong donated $1 million.