Chris Dixon, a partner at a16z, stated on the X platform that they have donated over 23 million USD to Fairshake and its affiliated political action committees (PACs) for the 2026 midterm election cycle. Their goal is to establish clear regulations to govern the cryptocurrency industry while protecting consumers and allowing entrepreneurs to innovate with confidence.

PANews, November 4th - a16z partner Chris Dixon posted on X platform stating: "Today we contributed over 23 million dollars to Fairshake and its affiliated Political Action Committees (PACs) for the 2026 midterm election cycle. Regardless of what happens on election day, we are taking a long-term approach to policy efforts. Our contribution to Fairshake is just one important component of our ultimate goal, which is to establish clear laws to regulate the crypto industry while protecting consumers and allowing entrepreneurs to innovate with confidence. Many industries come to Washington asking for deregulation, while we are here asking for regulation."

a16z has donated over $23 million to political activities in the U.S. cryptocurrency industry.