According to BlockBeats news, on October 31, Coinbase plans to donate $25 million to the pro-cryptocurrency super political action committee (PAC) Fairshake in the 2026 midterm elections to influence the election results. Coinbase has donated more than $50 million this election cycle and said it will continue donating in 2025 to promote cryptocurrencies as an important part of the political conversation.
While it’s unclear exactly how the funds will be spent, Fairshake and its affiliated super PACs have used industry funds to run advertising campaigns in support of crypto-friendly candidates this election cycle. Additionally, Coinbase has pledged to help its advocacy group Stand with Crypto (SWC) increase its membership from 1.8 million to 4 million.