Crypto corporations contributed $206 million to super PACs and hybrid PACs through the second quarter of 2026, according to Public Citizen's Aug. 27 analysis of FEC records.

That makes the industry the largest disclosed corporate donor sector tracked in this midterm cycle.

Yet that figure doesn't capture how much of the amount has reached a campaign ad, and the industry's political apparatus splits across several distinct organizations that each deserve separate accounting.

Fairshake, the central committee anchoring crypto's political network , reported $137.9 million in receipts and $93.9 million in disbursements through Aug. 31, leaving $108.3 million in cash on hand.

The committee has also transferred $70 million to two affiliated PACs built along partisan lines. Defend American Jobs backs Republican candidates and has received $37 million in transfers. Protect Progress supports and opposes candidates in Democratic contests and has received $33 million, including a fresh $5 million transfer on Aug. 7.

That August transfer shows Fairshake continuing to fund its Democratic-facing affiliate into the second half of the cycle, while also funding its Republican-focused spending.

Coinbase has contributed $56.1 million to the Fairshake network, including a $23 million Bitcoin donation dated December 2024 that carried forward into this cycle. Ripple Labs has contributed $48.5 million, while Marc Andreessen and Ben Horowitz have added $24 million combined in personal contributions, and Digital Currency Group has added $1 million.

These donor totals cover a narrower network over a different time window than Public Citizen's numbers, and the two should not be combined into a single sum.