According to Public Citizen data, Ripple, Coinbase, and other crypto companies have contributed $189 million to the 2026 U.S. midterm elections, representing 37% of the total $517 million in corporate political donations. This surpasses the $160 million donated during the 2024 presidential election. The crypto industry has accelerated lobbying efforts under the Trump administration to solidify regulatory rollbacks.
Crypto Industry Sets New Political Donation Record
Data from Public Citizen reveals that Ripple, Coinbase, and other crypto-focused companies have contributed $189 million to the 2026 U.S. midterm elections. This amount accounts for 37% of the total $517 million in corporate political donations, underscoring the rapidly growing political influence of the cryptocurrency sector.
In comparison, crypto industry political donations totaled approximately $160 million during the 2024 U.S. presidential election. Following the Trump administration's inauguration, crypto firms have noticeably accelerated lobbying efforts, seeking to cement the regulatory easing achieved earlier and prevent any policy reversals. This massive midterm election spending signals the industry's full-scale commitment to maintaining a favorable regulatory landscape.
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