Crypto Group Targets Bipartisan House Races with Millions in Midterm Spending

A leading cryptocurrency campaign group is preparing to invest heavily in a bipartisan set of House races ahead of the November midterms. The organization, which has emerged as one of the top-spending interest groups, unveiled a list of 32 lawmakers, 19 Republicans and 13 Democrats, that it will back in the elections. Among them, six members will each receive $1 million in support.

The candidates on the list all supported key legislation that was a major priority for the crypto industry. This move comes after a year of mixed progress in Congress for crypto-related bills. The group is aiming to strengthen its influence as it navigates a complex legislative landscape.

This bipartisan strategy reflects the growing political engagement of the cryptocurrency sector, which seeks to build alliances across party lines to advance its agenda. The financial backing underscores the industry's commitment to shaping policy through electoral support.