Key Takeaways
- • The Blockchain Leadership Fund, a hybrid PAC backed by Chainlink Labs and Anchorage Digital, announced endorsements for ten candidates in the 2026 US midterm elections: four Senate candidates and six House candidates across contested races in Alabama, Montana, Ohio, Georgia, Texas, Maryland, North Carolina, and Minnesota.
- • The PAC is pursuing a bipartisan strategy, endorsing six Republicans (Barry Moore, Kurt Alme, Jon Husted, Houston Gaines, Jim Kingston, Jon Bonck) and four Democrats (Angie Craig, Adrian Boafo, Christian Menefee, Don Davis), positioning itself as supporting "responsible digital asset policy" across party lines.
- • Launched in March 2026, the Blockchain Leadership Fund operates as a hybrid PAC structure, allowing both direct contributions to candidates and independent expenditures, and signaled additional endorsements may follow before the November midterm elections.
- • The endorsement slate represents the crypto industry's escalating political engagement ahead of 2026, following the sector's substantial spending in the 2024 election cycle through competitors like Fairshake and other crypto-aligned committees.
Summary
The Blockchain Leadership Fund, a political action committee backed by major cryptocurrency infrastructure firms Chainlink Labs and Anchorage Digital, unveiled its initial slate of endorsements for the 2026 US midterm elections on Thursday. The PAC announced support for ten candidates spanning Senate and House races across strategically important states, signaling the crypto industry's continued mobilization of political capital ahead of the November vote.
The endorsed candidates include four Senate contenders: Republicans Barry Moore (Alabama), Kurt Alme (Montana), and Jon Husted (Ohio), plus Democrat Angie Craig (Minnesota). Six House candidates also secured endorsements: Republicans Houston Gaines (Georgia's 10th district), Jim Kingston (Georgia's 1st district), and Jon Bonck (Texas' 38th district), alongside Democrats Adrian Boafo (Maryland), Christian Menefee (Texas), and Don Davis (North Carolina). The slate reflects a deliberate bipartisan approach, with six Republican and four Democratic endorsements.
Anchorage Digital emphasized the PAC's policy rationale in a statement, noting that "constructive bipartisan participation is critical to ensuring the US remains a global leader in financial technology and the future of finance." The company pledged continued support for "responsible innovation and constructive policymaking that brings digital assets further into the regulatory perimeter and strengthens trust in the ecosystem." The Blockchain Leadership Fund operates as a hybrid PAC structure, allowing both direct candidate contributions and independent expenditures, a format that enables expanded political spending.
Founded in March 2026, the Blockchain Leadership Fund joins an expanding ecosystem of crypto-backed political committees, following the sector's substantial investments in the 2024 election cycle through organizations like Fairshake. The PAC indicated it may announce additional candidate endorsements before the November midterms, suggesting a rolling strategy to influence key races as the election cycle progresses. The move underscores the crypto industry's strategic pivot toward sustained political engagement on regulatory and policy matters.
The endorsed candidates include four Senate contenders: Republicans Barry Moore (Alabama), Kurt Alme (Montana), and Jon Husted (Ohio), plus Democrat Angie Craig (Minnesota). Six House candidates also secured endorsements: Republicans Houston Gaines (Georgia's 10th district), Jim Kingston (Georgia's 1st district), and Jon Bonck (Texas' 38th district), alongside Democrats Adrian Boafo (Maryland), Christian Menefee (Texas), and Don Davis (North Carolina). The slate reflects a deliberate bipartisan approach, with six Republican and four Democratic endorsements.
Anchorage Digital emphasized the PAC's policy rationale in a statement, noting that "constructive bipartisan participation is critical to ensuring the US remains a global leader in financial technology and the future of finance." The company pledged continued support for "responsible innovation and constructive policymaking that brings digital assets further into the regulatory perimeter and strengthens trust in the ecosystem." The Blockchain Leadership Fund operates as a hybrid PAC structure, allowing both direct candidate contributions and independent expenditures, a format that enables expanded political spending.
Founded in March 2026, the Blockchain Leadership Fund joins an expanding ecosystem of crypto-backed political committees, following the sector's substantial investments in the 2024 election cycle through organizations like Fairshake. The PAC indicated it may announce additional candidate endorsements before the November midterms, suggesting a rolling strategy to influence key races as the election cycle progresses. The move underscores the crypto industry's strategic pivot toward sustained political engagement on regulatory and policy matters.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.