CNBC: 14 of top 20 US midterm donors back Republicans
- —14 of the top 20 donor groups backed Republicans or Republican-leaning entities
- —Crypto, AI and online betting accounted for about $377.1 million, a third of the top 20
- —Andreessen Horowitz and its founders gave about $91.3 million
- —Coinbase donated $33.2 million and Ripple $48 million to the Fairshake super PAC
Why it matters: Crypto is emerging as one of the largest political donors in US elections, potentially accelerating market-friendly legislation.
Source: TokenPost