Anchorage and Chainlink contribute $100,000 and $75,000 to a hybrid PAC endorsing pro-digital asset candidates.
The Blockchain Leadership Fund, a hybrid PAC supporting candidates with pro-crypto policies, reported $175,000 in funding from Anchorage and Chainlink. The group may expand endorsements before November’s midterm elections, targeting lawmakers favoring responsible digital asset regulation.
FEC filings show the PAC’s current funding is modest compared to affiliated groups like Defend American Jobs PAC, which spent $8.5 million on media for primary candidates. Other Fairshake-linked PACs have allocated over $6 million in recent races, signaling broader industry engagement.
Endorsed candidates, including Georgia and Alabama primary winners, have already received significant financial backing from crypto-aligned groups. The PAC’s activity highlights growing political spending by the sector ahead of key elections.