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Crypto blitzes midterms with $176 million to support allies as it prepares for post-Trump era

NEW YORK, Oct 27 (Reuters) - The crypto industry has spent roughly $176 million across more than 100 midterm races this election cycle, ⁠as part of a years-long plan to build a bipartisan coalition of allies in Congress that can advance its interests long after US President Donald Trump leaves office.

The Star MalaysiaDawn Kopecki查看原文 ↗
加密货币领域斥资1.76亿美元支持盟友,为中期选举造势,同时为后特朗普时代做准备。

FILE PHOTO: U.S. President Donald Trump delivers remarks at the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. REUTERS/Evelyn Hockstein

NEW YORK, Oct 27 (Reuters) - The crypto industry has spent roughly $176 million across more than 100 midterm races this election cycle, ⁠as part of a years-long plan to build a bipartisan coalition of allies in Congress that can advance its interests long after US President Donald Trump leaves office.

The $2.75 trillion industry, and the billionaires who built it, are aggressively spending to elect friendly candidates while targeting politicians they see as a threat, according to interviews with ⁠more than a half-dozen crypto political strategists and a Reuters review of the spending.

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