Crypto Firms Back New PAC to Influence US Midterm Elections

The Blockchain Leadership Fund (BLF), a new political action committee (PAC), has been launched to support candidates advancing digital asset and blockchain policies in the United States. Anchorage Digital and Chainlink Labs serve as founding contributors, alongside members of The Digital Chamber.

Structured as a hybrid PAC, BLF can make direct candidate contributions and fund independent expenditures. Its focus spans federal, state, and local elections, prioritising policymakers committed to regulatory clarity and innovation-friendly legislation.

Related: CFTC Launches Innovation Task Force Spanning Crypto, AI and Prediction Markets

BLF Enters Key Political Season

The PAC is being formed seven months before the 3 November midterms, where control of both chambers of Congress will be decided. These elections are critical for the passage of legislation such as the GENIUS Act and the CLARITY Act, which aim to set rules for digital assets.

Anchorage Digital stated that companies participating in shaping policy “will help define the rules of the road; the ones that don’t will inherit them,” underlining the importance of active engagement in advancing responsible innovation. Chainlink highlighted the market structure bill as a complex issue where industry support is essential to maintain momentum for blockchain adoption.

The PAC reflects a long-term commitment to establishing policies that protect consumers while strengthening US leadership in financial innovation. 

It enters a political landscape already shaped by other crypto-aligned PACs, such as Fairshake, which raised over US$192 million (AU$280 million) for the 2026 midterms. By coordinating resources and advocacy, the BLF aims to ensure that digital asset policy develops in a structured and sustainable way.

Related: SEC and CFTC Sign Pact to Coordinate Crypto Oversight

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