Catenaa, Thursday, May 28, 2026- A political action committee backed by Chainlink Labs and Anchorage Digital unveiled its first bipartisan endorsements for the 2026 US midterm elections, signaling the crypto industry’s growing effort to shape federal digital asset policy ahead of major congressional battles over regulation.
The Blockchain Leadership Fund announced support for four Senate candidates and six House candidates spanning both Republican and Democratic parties. The group said it plans to back lawmakers supportive of blockchain innovation and crypto market legislation.
The Senate endorsements include Republicans Barry Moore of Alabama, Kurt Alme of Montana and Jon Husted of Ohio, alongside Democrat Angie Craig of Minnesota.
House endorsements include Republicans Houston Gaines and Jim Kingston of Georgia and Jon Bonck of Texas, as well as Democrats Adrian Boafo of Maryland, Christian Menefee of Texas and Don Davis of North Carolina.
The endorsements highlight how the crypto industry is rapidly building political influence in Washington as lawmakers debate sweeping digital asset legislation.
Blockchain firms and crypto exchanges spent heavily during the 2024 and 2025 election cycles through super PACs and industry advocacy organizations supporting candidates viewed as friendly toward digital asset markets.
Industry leaders increasingly see bipartisan backing as essential because future crypto legislation will require support from both chambers of Congress and multiple committees overseeing financial markets.
A Chainlink spokesperson said sustained bipartisan leadership would help maintain US competitiveness in financial technology and blockchain innovation.
The Blockchain Leadership Fund was formed earlier this year with backing from Chainlink Labs and Anchorage Digital.
Its primary objective is supporting candidates working on digital asset frameworks, market structure rules and blockchain adoption policies.
Several endorsed lawmakers have already participated in congressional debates surrounding the CLARITY Act and other proposals designed to establish federal oversight for cryptocurrencies, tokenized assets and decentralized finance markets.
Angie Craig currently serves on the House Agriculture Committee, one of the central congressional panels involved in crypto regulation because the Commodity Futures Trading Commission oversees large parts of digital commodity markets.
Craig is seeking a Senate seat following the retirement announcement by Democratic Senator Tina Smith.
The endorsements arrive as crypto policy becomes increasingly tied to broader financial and political debates ahead of the 2026 elections.
Prediction markets, stablecoins, tokenized securities and federal crypto oversight have become major political topics after the rapid expansion of digital asset markets over the past two years.
Industry executives have argued that regulatory clarity is needed to keep blockchain investment and innovation inside the United States instead of shifting activity overseas.
At the same time, critics continue warning about consumer protection risks, insider trading concerns and the growing political influence of crypto firms.
Anchorage Digital head of policy Kevin Wysocki said bipartisan cooperation would be necessary for future crypto laws.
Political analysts said the industry’s strategy reflects lessons learned during earlier congressional fights where crypto legislation stalled because of partisan disagreements over securities regulation, banking oversight and anti-money laundering controls.
The crypto sector has increasingly attempted to position blockchain policy as both a financial innovation issue and a geopolitical competition issue tied to technological leadership.
The crypto industry’s political influence expanded rapidly after the collapse of several major digital asset firms in 2022 triggered global calls for stricter oversight. Companies and investors responded by building lobbying networks, funding advocacy groups and supporting candidates viewed as open to blockchain innovation.
During the 2024 US election cycle, crypto-focused PACs became some of the largest political spenders in congressional races. Firms including Coinbase, Ripple, Andreessen Horowitz and several blockchain organizations funded campaigns supporting pro-crypto candidates across both parties.
Congress later intensified work on digital asset legislation covering stablecoins, crypto exchanges, decentralized finance and tokenized securities. The CLARITY Act became one of the industry’s highest-profile proposals because it would divide oversight responsibilities between the SEC and CFTC
The growing political activity also reflects wider institutional adoption of blockchain technology across banking, payments and financial infrastructure. Industry groups increasingly argue that federal regulation must balance consumer protections with efforts to keep the US competitive against Europe, Asia and the Middle East in digital finance development.
