Ripple Labs has announced a $25 million contribution to cryptocurrency-focused political action committee (PAC) Fairshake.
This latest injection brings Fairshake’s total war chest for the upcoming 2026 congressional elections to $103 million.
Ripple support
The donation follows Fairshake’s influential role in the 2024 election, where it became the largest PAC of the cycle. According to campaign finance watchdog OpenSecrets, Fairshake raised more than $200 million, significantly contributing to the success of crypto-friendly candidates.
The data shows that of the 22 congressional candidates who received $1 million or more from the PAC during the 2024 election cycle, at least 90 percent won their races.
Ripple CEO Brad Garlinghouse commented on the development in a post on X, stating:
“Electing pro-crypto, pro-growth and pro-innovation candidates is a no-brainer, and to continue this momentum, Ripple is contributing another $25 million to Fairshake. Go!”
He described Fairshake as the most successful bipartisan super PAC in American history.
Chief Legal Officer Stuart Alderoty reaffirmed Ripple’s dedication to the PAC, noting that the company had been committed to being a major supporter of Fairshake since its inception, even before its potential impact became apparent. He also underscored the company’s determination to remain a strong advocate for innovation in Washington for years to come.
This is Ripple’s third donation to the fund in the last year. In June, the crypto company donated a similar amount to the PAC in preparation for the 2026 midterm elections.
Garlinghouse then explained that its offerings to Fairshake are part of the company’s broader efforts to actively invest in voter awareness of the future role of cryptocurrency.
$103 million war chest
Ripple Labs’ latest contribution follows major donations from two of Fairshake’s other key supporters: crypto exchange Coinbase and Andreessen Horowitz’s crypto-focused division, a16z. Just two weeks ago, the former offered $25 million, while the latter contributed $23 million to the fund.
Combined with the $30 million transferred from the 2024 cycle, the $73 million Fairshake received from the three donors has brought its coffers to $103 million.
In the last election cycle, crypto made giant strides, with more than 260 digital asset-friendly lawmakers elected. Fairshake and two affiliates, Protect Progress and Defend American Jobs, spent nearly $240 million in more than 50 races, winning the overwhelming majority of them.
The super PAC is now positioned as an unparalleled political force, poised to influence the legislative agenda in the session that begins in 2026.
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