According to ChainCatcher, Coinbase, Ripple and a16z plan to send representatives to the Republican National Convention (RNC) and then the Democratic National Convention (DNC).
The companies will first "make a show to Republican power brokers" in support of an election outcome that produces policies favorable to the industry, highlighting the broad Republican support for the crypto industry. Attending the RNC and DNC represents each company's continued commitment to bipartisan crypto policy.
All three companies are members of the Fairshake super PAC, which raised $177.9 million and spent $70.9 million during the 2024 election cycle. The super PAC aims to benefit U.S. candidates who support cryptocurrency, regardless of party membership.
It’s unclear whether company representatives have arrived at the RNC, which ends July 18. The DNC, meanwhile, is scheduled to take place from Aug. 19 to Aug. 24.