Fairshake Has $193 Million for the Midterms. Which Coin Stands to Gain the Most on November 3?

Fairshake is sitting on $193 million to shape the midterms, but one crypto donor contributed for reasons far more personal than the others, betting the entire future of its business on what happens November 3.

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In January 2026, Fairshake, the crypto industry’s leading super PAC, announced holding $193 million for the upcoming midterms on November 3. Of this amount, three significant contributors provided $74 million in the latter half of 2025, with Ripple and Coinbase each donating $25 million and Andreessen Horowitz contributing $24 million.

This capital is strategically aimed at influencing the election to ensure a Congress that aligns with the donors’ vision for crypto regulation. However, the donor landscape reveals differing stakes in the outcome: while Coinbase and Andreessen Horowitz operate across a diverse array of tokens, Ripple’s business is heavily reliant on a single asset—XRP (CRYPTO:XRP). So the question is: which coin is most affected by the election, and what does XRP need from it?

Fairshake Has Already Spent Part of the $193 Million Before November