COINBASE BUILDS 8-FIGURE POLITICAL WAR CHEST Coinbase and CEO Brian Armstrong are helping build a massive pro-crypto political war chest ahead of what the exchange calls the industry’s “most consequential” US election yet. According to Bloomberg, Armstrong personally donated $1 million to Fairshake, the crypto-focused super PAC backing pro-digital asset candidates, while Coinbase contributed another $24.5 million. Fairshake has now reportedly raised $85 million in total, with Coinbase and Armstrong alone accounting for roughly one-third of the funding. The PAC supports crypto-friendly candidates from both political parties and is focused on pushing Washington toward clearer digital asset regulation. Other major backers include Andreessen Horowitz, which contributed $20 million, and Electric Capital, which contributed $500,000. The scale of the fundraising effort shows how aggressively the crypto industry is moving to influence US politics as regulation, stablecoins, Bitcoin reserves, and digital asset policy become central election issues.