Ahead of the November midterm elections, backers are lining up behind a new hybrid political action committee that allows contributions directly to candidates.
Update (March 30 at 9:25 pm UTC): This article has been updated to include a response from Anchorage Digital in the third paragraph.
Seven months ahead of the November midterm elections, Chainlink Labs and Anchorage Digital announced that they were the founding contributors to a political action committee (PAC) “to support candidates working to advance digital asset and blockchain policy in the United States.”
In a Monday announcement, the two crypto companies said they were supporting the Blockchain Leadership Fund, a hybrid PAC that allows contributions directly to candidates as well as independent expenditures, such as media buys.
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