Coinbase chips in another $25M to crypto super PAC Fairshake

Coinbase has joined Andreessen Horowitz and Ripple in donating $25 million to the crypto-focused super PAC ahead of the United States elections.

Crypto exchange Coinbase says it donated $25 million to crypto-focused super political action committee (PAC) Fairshake as it ramps up lobbying ahead of the November United States elections.

In a June 3 blog post, Coinbase CEO Brian Armstrong said the latest donation brings the total amount raised by the PAC and its affiliates to $160 million this election cycle. The amount matches donations last week from Ripple and venture firm Andreessen Horowitz.

“Crypto voters won’t be taken seriously until we send a clear message to political candidates that it is bad politics to be anti-crypto,” Armstrong wrote. “We need to support pro-crypto candidates on both sides of the aisle, and unceremoniously vote anti-crypto candidates out of office.”

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