Defend Developers PAC to Spend Over $100K in Midterm Races to Support Pro-Crypto Lawmakers

iconChainGPT
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Defend Developers PAC plans to spend over $100K in midterm races backing pro-crypto lawmakers. The group, led by Gavin Zavatone, focuses on legal support for DeFi exploit victims and blockchain builders. It registered as a hybrid PAC to run independent ads and accept direct donations. Unlike other crypto news-focused PACs like Fairshake, it targets legal protections for developers. The Blockchain Leadership Fund is also active in the political arena.

A new crypto-focused political committee is staking a claim in this year’s midterm fight — with developers and DeFi builders squarely in its crosshairs. Defend Developers PAC announced Wednesday that it plans to raise and deploy “more than six figures” across dozens of congressional races to protect the legal footing of blockchain developers working in the U.S. The group, founded by Gavin Zavatone — policy lead at the DeFi Education Fund — says it will prioritize incumbents who have already supported legal protections for crypto technologists and decentralized finance projects. What the PAC will do - Defend Developers registered last month as a hybrid PAC, a structure that lets it make direct contributions to candidates within federal limits while also funding unlimited independent political ads through a separate account. - The committee says its campaign work will focus on the legal treatment of software creators in the blockchain sector, arguing that technologists need members of Congress who will defend their ability to build in the U.S. - Its board includes figures connected to Uniswap Labs, the DeFi Education Fund, and the Solana Policy Institute. The PAC has not yet disclosed how much it has raised. Where it fits in the crypto political ecosystem Defend Developers arrives into a landscape already crowded with crypto political money, but it aims to operate differently from the biggest players. It is starting smaller than Fairshake — the leading crypto super PAC — and other mid-sized groups such as Fellowship PAC (linked to Tether) and the Digital Freedom Fund (tied to Tyler and Cameron Winklevoss). Fairshake remains the dominant spender. This week the super PAC and its affiliates backed 11 primary candidates in California, New Jersey and South Dakota — all of whom advanced or won — including nine Democratic House hopefuls in California, one Democratic House candidate in New Jersey, and Republican Senator Mike Rounds in South Dakota. Fairshake’s recent activity has included a $6.5 million spend in Texas against veteran Democrat Rep. Al Green (who lost his primary to Christian Menefee), though it has also recorded losses in other races. Other industry-backed hybrid PACs have also emerged — for example, the Blockchain Leadership Fund launched by Anchorage Digital and Chainlink — suggesting some firms prefer vehicles that combine direct donations with independent spending. Why it matters Control of Congress could hinge on a handful of competitive contests this November, and crypto groups are targeting races where their dollars could tip the balance. Defend Developers is not trying to outspend the super PACs; instead, it’s pitching itself as a focused political channel funded by founders, builders, and executives with direct stakes in crypto policy. Gavin Zavatone says the aim is simple: keep the United States a strong place to build blockchain technology by backing lawmakers who defend developers, creators, and DeFi teams.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.