Update (March 30 at 9:25 pm UTC): This article has been updated to include a response from Anchorage Digital in the third paragraph.
Chainlink Labs and Anchorage Digital announced they are founding contributors to a new political action committee aimed at supporting candidates who advance digital asset and blockchain policy in the United States. The announcement, made Monday, named the Blockchain Leadership Fund, a hybrid PAC that can contribute directly to candidates and make independent expenditures such as media buys.
Neither company disclosed contribution amounts. Federal Election Commission records showed no funding reported between the PAC’s creation in September and Dec. 31. An Anchorage spokesperson told Cointelegraph the company plans to make a “meaningful contribution” that will be disclosed to the FEC.
The PAC’s launch, backed by Chainlink, Anchorage and members of advocacy group The Digital Chamber, comes about seven months before the Nov. 3 midterm elections that will decide control of both the House and Senate — chambers needed to pass crypto-related laws such as the payment stablecoin GENIUS Act (approved in July) and the CLARITY Act, which is under consideration in the Senate.
A Chainlink spokesperson said candidates who support the CLARITY Act — a market structure bill moving through the Senate — deserve “sustained, organized support from the industry.” Anchorage’s announcement warned that “2026 will be pivotal for crypto regulation,” adding that decisions made now will shape the industry and American financial leadership for decades and depend on who invests and shows up.
Anchorage co-founder and CEO Nathan McCauley has said he meets regularly with lawmakers to discuss the market structure bill, which remains stalled over concerns including stablecoin yield. Anchorage is one of several crypto-linked companies that could benefit from legislation if passed.
The 2024 federal election saw about 270 pro-crypto candidates win congressional seats and Donald Trump elected president. That cycle featured heavy spending from crypto-backed PACs — including Ripple- and Coinbase-funded groups like Fairshake — which poured hundreds of millions into races to support pro-crypto candidates. With many 2026 state primaries complete, crypto-aligned PACs have signaled, via spending, plans to replicate their 2024 strategies; Fairshake said in January it had amassed more than $192 million for this year’s races.
FEC filings do not yet make clear where the Blockchain Leadership Fund will concentrate its efforts in the 2026 elections. The PAC’s hybrid structure, however, allows it flexibility to both back candidates directly and fund independent campaign activity.
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