Crypto Executives Spend 56 Million on Midterms

Ultra-wealthy cryptocurrency executives have contributed more than 56 million dollars during the current election cycle. Federal filings reveal their support for crypto-friendly candidates and broader policy initiatives.

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Gemini co-founders, Tyler and Cameron Winklevoss attend TOKEN2049 crypto conference in Singapore October 7, 2026. REUTERS/Caroline Chia

Top executives from the cryptocurrency sector have funneled over $56 million into United States midterms during the current election cycle. The spending forms part of a broader $175 million industry blitz targeting federal races. Digital asset leaders are seeking to influence policymaking across the country.