Fairshake — the crypto super PAC backed mainly by Coinbase, Ripple and a16z — spent $40 million to unseat Ohio Senator Sherrod Brown in 2024. It worked: with Brown gone from the Senate Banking Committee, a major stablecoin bill moved forward fast. Now he's running to return, and Fairshake has committed $30 million to stop him again.
Polls show Brown ahead 48% to 45%, Polymarket gives him 57%. The PAC sees those numbers and spends anyway — with
$90 million+ still in reserve for the November 3rd finish line.Not one ad will mention crypto. Just whatever argument moves an Ohio voter. The industry isn't selling itself — it's buying the outcome, per CoinDesk.