- Protect Progress plans to spend $1.5 million on efforts to oppose Rep. Al Green in Texas.
- The cryptocurrency industry remains a significant investor in political campaigns in the U.S.
- Christian Menefee supports blockchain innovation and could benefit from pro-crypto funding.
The pro-crypto political action committee Protects Progress has committed $1.5 million to oppose Representative Al Green in Texas’ upcoming Democratic primary. The group targets Green over his voting record and public stance against major crypto legislation.
Protect Progress operates as an affiliate of Fairshake, one of the largest crypto-focused super PACs in the United States. According to statements shared with The Hill, the group argues that Green’s opposition to digital asset bills harms innovation and economic growth in Texas.
Green, who has represented Texas’s 9th congressional district since 2005, voted against crypto-related bills such as the GENIUS Act and the CLARITY Act. These proposals sought to clarify stablecoin regulation and define the broader crypto market structure. Protect Progress claims his record shows hostility toward a growing crypto community in Texas.
Primary Battle: Green vs. Menefee
Green will compete against Christian Menefee in the Democratic primary scheduled for March 3. Texas will vote alongside Arkansas and North Carolina, making it one of the first major primary contests this cycle.
The advocacy group stands with Crypto labels Green as “strongly against crypto” based on his voting history. In contrast, it rates Menefee as “strongly supportive.” Menefee has expressed interest in using blockchain technology to address real-world issues, including recording property deeds on-chain to reduce fraud and modernize outdated systems.
The outcome of this race could signal how much influence crypto-backed funding holds in reshaping party primaries rather than just general elections.
Super PAC Strategy and Growing War Chest
Super PACs cannot donate directly to campaigns or coordinate with candidates. Instead, they fund independent advertising and voter outreach efforts. The Federal Election Commission outlines these restrictions in its guidance on super PAC operations.
Fairshake disclosed in January that it had amassed $193 million ahead of the midterm elections. During the 2024 cycle, the group spent roughly $130 million supporting pro-crypto candidates. That spending wave helped elect lawmakers who favor digital asset innovation.
Analysts at OpenSecrets report that technology-related political spending has surged in recent years. Crypto now ranks among the most aggressive sectors in campaign financing.
Another affiliate, Defend American Jobs, is also an active participant in promoting and expanding the political sphere, as this affiliate has recently vowed to pledge $5 million in support of the chosen Republican Senate candidate, Barry Moore.
Crypto’s Expanding Political Footprint
The Texas primary is an early test of micro-target funding for digital assets. If Protect Progress succeeds, similar strategies may appear in other competitive districts.
Lawmakers increasingly face campaign pressure tied directly to their crypto voting records. As regulatory debates intensify in Washington, political capital and financial backing from the crypto industry continue to grow.
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Source: https://thenewscrypto.com/crypto-pac-pledges-1-5m-to-unseat-al-green-in-texas/
