A political action committee (PAC) focused on advancing digital asset and blockchain policies in the United States has made its endorsements for the upcoming 2026 midterm elections. The Blockchain Leadership Fund, backed by Anchorage Digital and Chainlink, aims to leverage its financial resources to impact key races.
Endorsements and Candidates
On May 21, 2026, the Blockchain Leadership Fund announced its support for ten candidates, which includes four running for the Senate and six for the House of Representatives. The endorsed Senate candidates are Republicans Barry Moore (Alabama), Kurt Alme (Montana), and Jon Husted (Ohio). The House endorsements feature Republicans Houston Gaines, Jim Kingston, and Jon Bonck, along with Democrats Angie Craig (Minnesota), Adrian Boafo, Christian Menefee, and Don Davis for races in Maryland, Texas, and North Carolina.
Funding and Financial Strategy
As of the latest filings with the Federal Election Commission (FEC), the Blockchain Leadership Fund has reported $175,000 in contributions, comprising $100,000 from Anchorage and $75,000 from Chainlink. This hybrid PAC is structured to allow direct contributions to candidates as well as independent expenditures, indicating a strategic approach to influence electoral outcomes.
Impact on Upcoming Elections
The PAC’s endorsements come on the heels of recent primary victories for some of its chosen candidates. Kingston and Gaines secured wins in their respective Republican primaries in Georgia, while Moore is headed to a runoff for Alabama’s Senate seat. The PAC’s financial backing is part of a broader trend of significant spending in the crypto sector, which has already seen substantial investments from other affiliated PACs, including the Defend American Jobs PAC and Protect Progress.
Future Support and Regulatory Focus
The Blockchain Leadership Fund has indicated that it may announce additional endorsements for candidates who advocate for responsible digital asset policies leading up to the November midterm elections. An Anchorage spokesperson emphasized the importance of bipartisan support to maintain the U.S.’s leadership in financial technology and to foster trust in the digital asset ecosystem.
This article was produced by NeonPulse.today using human and AI-assisted editorial processes, based on publicly available information. Content may be edited for clarity and style.
