Key Takeaways
- • The Blockchain Leadership Fund (BLF), a newly launched PAC backed by Anchorage Digital and Chainlink Labs, announced its inaugural endorsements of 10 candidates across the 2026 midterm elections—4 Senate candidates and 6 House candidates spanning both parties.
- • BLF's endorsement slate reflects bipartisan support for digital asset innovation, with 6 Republican-backed candidates and 4 Democratic-backed candidates, signaling industry efforts to build cross-party consensus on crypto-friendly regulation.
- • The PAC's founding in March 2026 and subsequent endorsement strategy align with a marked regulatory shift: the Trump Administration has prioritized making the U.S. the world's leading crypto hub, contrasting sharply with the prior Biden Administration's enforcement-focused regulatory posture.
- • Endorsed Senate candidates include Barry Moore (R-AL), Kurt Alme (R-MT), Jon Husted (R-OH), and Angie Craig (D-MN); House endorsements span districts in Georgia, Texas, Maryland, and North Carolina, indicating geographic diversification of industry influence efforts.
- • BLF's stated mission focuses on "thoughtful regulation that protects consumers while bolstering U.S. leadership in financial innovation," positioning the PAC as advocating for bright-line regulatory rules rather than enforcement-by-regulation approaches.
Summary
The Blockchain Leadership Fund, a newly formed Political Action Committee backed by digital banking infrastructure firms Anchorage Digital and Chainlink Labs, unveiled its first slate of political endorsements on May 21, 2026. The PAC announced support for 10 candidates competing in the 2026 midterm elections, comprising 4 Senate-level candidates and 6 House-level candidates distributed across multiple states and political parties.
The Senate endorsement list includes Barry Moore (R-AL), Kurt Alme (R-MT), Jon Husted (R-OH), and Angie Craig (D-MN). House endorsements extend to Houston Gaines (R-GA-10), Jim Kingston (R-GA-01), Jon Bonck (R-TX-38), Adrian Boafo (D-MD-05), Christian Menefee (D-TX-18), and Don Davis (D-NC-01). The portfolio demonstrates explicit bipartisan outreach, with six Republican candidates and four Democratic candidates receiving support—a strategic positioning that reflects broader industry efforts to depoliticize digital asset regulation.
Launched in March 2026, the BLF operates with a stated mission to advance "thoughtful regulation that protects consumers while bolstering U.S. leadership in financial innovation." The PAC's endorsement strategy emerges against a backdrop of shifting regulatory priorities. Under the Trump Administration, digital asset innovation has become a prominent federal policy goal, with explicit ambitions to establish the United States as the world's dominant crypto hub. This contrasts sharply with the prior Biden Administration's approach, which industry sources characterize as "decisively anti-innovation," exemplified by the Securities and Exchange Commission's preference for regulation through enforcement rather than the establishment of bright-line regulatory rules.
By supporting candidates across party lines and geographic regions, the Blockchain Leadership Fund signals the crypto and digital asset industry's intent to build durable, bipartisan congressional support for its policy agenda—particularly around establishing clarity-focused regulatory frameworks that balance consumer protection with innovation incentives.
The Senate endorsement list includes Barry Moore (R-AL), Kurt Alme (R-MT), Jon Husted (R-OH), and Angie Craig (D-MN). House endorsements extend to Houston Gaines (R-GA-10), Jim Kingston (R-GA-01), Jon Bonck (R-TX-38), Adrian Boafo (D-MD-05), Christian Menefee (D-TX-18), and Don Davis (D-NC-01). The portfolio demonstrates explicit bipartisan outreach, with six Republican candidates and four Democratic candidates receiving support—a strategic positioning that reflects broader industry efforts to depoliticize digital asset regulation.
Launched in March 2026, the BLF operates with a stated mission to advance "thoughtful regulation that protects consumers while bolstering U.S. leadership in financial innovation." The PAC's endorsement strategy emerges against a backdrop of shifting regulatory priorities. Under the Trump Administration, digital asset innovation has become a prominent federal policy goal, with explicit ambitions to establish the United States as the world's dominant crypto hub. This contrasts sharply with the prior Biden Administration's approach, which industry sources characterize as "decisively anti-innovation," exemplified by the Securities and Exchange Commission's preference for regulation through enforcement rather than the establishment of bright-line regulatory rules.
By supporting candidates across party lines and geographic regions, the Blockchain Leadership Fund signals the crypto and digital asset industry's intent to build durable, bipartisan congressional support for its policy agenda—particularly around establishing clarity-focused regulatory frameworks that balance consumer protection with innovation incentives.
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