US pro-crypto super PAC Fairshake gets $25M from Andreessen Horowitz
The major contribution comes a day after the PAC received an equal amount from Ripple.
Fortune continues to smile on United States pro-crypto super political action committee (PAC) Fairshake, with the second big-buck contribution in two days. A16z managing partner announced on May 30 that the Andreessen Horowitz crypto and Web3 venture fund has donated $25 million to Fairshake and its affiliated PACs Defend American Jobs and Protect Progress.
Andreessen Horowitz is thus running practically nose-to-nose with Ripple, which contributed $25 million on May 29 to bring its total giving to $50 million for this year and in 2023. The new contribution brings a16z’s total giving to $47 million in two years, Dixon tweeted. He said:
Related: Crypto users could ‘make a difference in a close election’ in the US — CoinFlip CEO
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Author: Derek Andersen
