a16z Crypto Invests $23 Million in Fairshake PACs for 2026 Midterms

Andreessen Horowitz (a16z) pledged over $23 million to Fairshake and its affiliated political action committees (PACs) for the 2026 midterm elections.

This commitment reinforces its dedication to promoting bipartisan support for comprehensive cryptocurrency regulation.

The investment, announced in a Monday press release, aims to foster a “practical regulatory framework” for the crypto industry. With growing public interest in digital assets, a16z urges policymakers to develop guidelines that protect consumers while fostering innovation. The firm views Fairshake as a platform to elevate crypto issues to the national stage, aiming to build bipartisan support for balanced regulation.

“Crypto isn’t red or blue but is critical in ensuring America remains the leader in technology for decades to come,” the release read.

a16z’s approach involves direct engagement with lawmakers to build a supportive regulatory framework. The firm plans to introduce key policymakers from both parties to entrepreneurs and developers within the blockchain ecosystem. According to a16z, this would demonstrate the industry’s challenges and its potential under clear, supportive regulation.

Read more: How To Donate Crypto Using The Giving Block.

This ongoing educational initiative also reflects a16z’s view that regulatory enforcement should not precede legislation. Citing the risks of “arbitrary enforcement actions” that could exclude Congress from the regulatory process, a16z argues that consistent guidelines are essential for a thriving and compliant crypto sector.

a16z noted that this regulatory push aligns with rising crypto adoption, with over 40 million Americans now owning digital assets. Bitcoin and Ethereum exchange-traded products (ETFs) have also gained traction, accounting for $65 billion in on-chain holdings.

Stablecoins, a key part of the ecosystem, have seen similar growth and now rank among the largest holders of US treasuries globally. In response, a16z is calling for stablecoin regulations that foster competition and support economic stability. Additionally, the firm advocates for a compliance framework that supports legitimate decentralized networks and businesses.

Amid ongoing US election euphoria, a16z’s donation comes amid a broader industry push to support crypto-friendly candidates and lawmakers. The move echoes recent actions by Coinbase, another major crypto player. Coinbase CEO Brian Armstrong recently stated that his company has been making significant donations to back pro-crypto lawmakers in the upcoming elections.

Similar to a16z, Armstrong stressed the need for a regulatory framework that keeps pace with industry growth and technological advancements. He described the 2026 midterms as a chance to elect a “crypto-friendly Congress” that could protect U.S. innovation and global competitiveness.

“We’re not slowing down post-election. Today I am announcing that Coinbase has committed another $25 million to support Fairshake PAC, which they will use leading up to the 2026 midterms to elect pro-crypto candidates,” Armstrong said.

In addition to its financial support for Fairshake, a16z has invested substantial time and resources in meeting with lawmakers. It has also published over a hundred articles and policy briefs to guide informed decision-making in Washington.

According to a16z, these steps are necessary given the industry’s high stakes. Decisions made now potentially shape the trajectory of US crypto innovation for years to come.

Read more: Crypto Regulation: What Are the Benefits and Drawbacks?

By combining direct contributions to Fairshake, educating policymakers, and advocating for legislation that supports growth while protecting consumers, a16z’s $23 million donation to Fairshake aims to help shape a stable future for crypto in the US.

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