Chainlink Labs and Anchorage Digital are founding contributors to a new political action committee intended to back U.S. candidates who support digital asset and blockchain-friendly policy. The group, called the Blockchain Leadership Fund, is a hybrid PAC that can make direct contributions to candidates and fund independent expenditures such as media buys.
Neither company disclosed how much it will give to the new PAC. Federal Election Commission records show no funding reported between the PAC’s creation in September and Dec. 31.
Update (March 30 at 9:25 pm UTC): This article was updated to include a response from Anchorage Digital. An Anchorage spokesperson told Cointelegraph the company plans to make a “meaningful contribution” that will be disclosed to the FEC.
The PAC’s launch, supported by Chainlink, Anchorage and members of advocacy group The Digital Chamber, comes roughly seven months before the Nov. 3 midterm elections that will determine control of both the House and Senate. Those chambers are needed to advance or pass crypto-related legislation such as the GENIUS Act, which was approved in July, and the CLARITY Act, a market-structure bill currently under consideration in the Senate.
A Chainlink spokesperson said candidates who back the CLARITY Act “deserve sustained, organized support from the industry.” Anchorage warned in its announcement that “2026 will be pivotal for crypto regulation,” saying decisions made now will influence the industry and U.S. financial leadership for years and will depend on which stakeholders invest and show up.
Anchorage co-founder and CEO Nathan McCauley has said he meets regularly with lawmakers to discuss the stalled market-structure bill, which faces concerns including issues around stablecoin yield. Anchorage is among several crypto-linked firms that could benefit from changes in regulation if those bills advance.
The 2024 federal election saw roughly 270 pro-crypto candidates win congressional seats and resulted in Donald Trump’s election as president. That cycle included heavy spending from crypto-backed PACs — including groups tied to Ripple and Coinbase such as Fairshake — which spent hundreds of millions to support pro-crypto candidates. With many 2026 state primaries complete, crypto-aligned PACs have signaled plans to replicate those 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 target its efforts in 2026. The PAC’s hybrid structure gives it flexibility to both contribute directly to campaigns and fund independent political activity on behalf of supported candidates.
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