On October 30, 2024, Coinbase announced it will contribute an additional $25 million to the crypto super-PAC Fairshake, aimed at bolstering crypto political representation for the upcoming midterm elections in 2026. CEO Brian Armstrong expressed confidence in the growing political influence of the 'crypto voter' and asserted that the next Congress will be the most pro-crypto yet. With this latest pledge, Coinbase's total investment in Fairshake nears $100 million, strengthening its role as the largest financial backer of the organization. Fairshake has reportedly raised over $200 million this election cycle and actively campaigns against candidates opposing crypto, such as Katie Porter, who recently lost a primary bid in California. Armstrong conveyed a message of ongoing commitment and enthusiasm for advancing crypto interests in future elections.

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