a16z Crypto Pledges $23M for Bipartisan Support of US Crypto Regulations
On Monday, a16z Crypto announced an additional $23 million in funding for Fairshake, for bipartisan support of US crypto regulations. Fairshake, the crypto-oriented political action committee, boasts over $78 million in funds for the upcoming Congressional election cycle, bolstered by a new commitment from the venture capital firm Andreessen Horowitz (a16z).
This comes on the heels of $169 million deployed by crypto firms in the 2024 Congressional races. It is the first time blockchain technology has been prominently placed on the agenda of American legislators.
a16z Crypto Commits Over $23M to Support Bipartisan Regulatory Framework for Crypto
a16z Crypto, the web3 venture…
