Chainlink Labs, Anchorage Digital Back New Crypto Super PAC Ahead of Midterms
The Blockchain Leadership Fund (BLF), a new political action committee (PAC) focused on digital asset policy, has launched as a hybrid PAC, allowing both direct candidate contributions and independent expenditures at federal, state, and local levels. Formed by members of The Digital Chamber and backed by Anchorage Digital and Chainlink Labs, the BLF aims to shape ongoing crypto policy debates. Its launch adds to the expanding crypto lobbying efforts, following the emergence of Fairshake—a well-funded super PAC supported by Coinbase, Andreessen Horowitz, and Ripple, which raised nearly $300 million during the 2024 election cycle and supported successful candidates in most races it targeted. By early 2025, Fairshake had $116 million set aside for the 2026 midterms, with industry PACs collectively spending about $288 million so far on midterm races. The Digital Chamber, linked to BLF, has actively lobbied for pro-crypto policies and political candidates. It is yet unclear whether BLF will work alongside or compete with Fairshake in influencing U.S. digital asset regulations and political outcomes.
