• Economy & Finance

    Crypto’s $135 Million Campaign Is Undefeated in 48 Races So Far

    fig_admin Posted on

    The industry is taking a victory lap — and betting its lavish and bipartisan spending translates to influence in Washington. 

    Hours after the Presidential election was called, a crypto-backed lobbying group issued a statement celebrating “the most pro-blockchain and pro-crypto Congress in history.”
    Hours after the Presidential election was called, a crypto-backed lobbying group issued a statement celebrating “the most pro-blockchain and pro-crypto Congress in history.” Photographer: Al Drago/Bloomberg

    The cryptocurrency industry spent about $135 million in the 2024 election cycle to back more than 50 candidates, including Democrats and Republicans, incumbents and challengers, shoo-ins and longshots.

    But they all now share something in common: Victory.

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