Crypto PACs spend $9 million in Texas and score wins in both parties
Summary
Crypto-backed political committees, including Fairshake, Defend American Jobs, and Protect Progress, have deployed over $9 million into Texas primary races. These groups are actively influencing elections by supporting candidates who favor industry interests and targeting those they deem hostile, such as Rep. Al Green, who received an “F” rating from Stand With Crypto. The success of these investments, including significant spending on Republican House candidates and support for Ken Paxton, highlights the industry's strategic effort to build bipartisan support ahead of the 2026 midterms.
(Source:CoinDesk)