Chainlink Labs, Anchorage Digital Bankroll New Crypto Super PAC for 2026 Midterms

Major crypto firms are moving early to build political war chests, with Chainlink Labs and Anchorage Digital backing a new hybrid political action committee (PAC) aimed squarely at the 2026 U.S. midterm elections. The newly formed Blockchain Leadership Fund signals a strategic, long-term push by industry leaders to directly fund and elect candidates favorable to digital asset policies, marking a significant escalation in crypto's political mobilization efforts beyond the current election cycle.

The fund is structured as a hybrid PAC, allowing it to contribute directly to candidates while also raising and spending unlimited sums independently—a flexible model for maximum political impact. Backing from Chainlink Labs, a key player in decentralized oracle networks, and Anchorage Digital, a federally chartered crypto bank, provides immediate institutional heft and signals a coalition-building approach among different sectors of the digital asset industry. Their early investment, more than two years before the elections, indicates a focus on building sustained influence rather than last-minute spending.

This move places the crypto industry on a more formal and potentially powerful footing within Washington's influence ecosystem. It follows a period of intense regulatory scrutiny and legislative battles, suggesting key players are preparing for a prolonged political fight over the framework governing digital assets. The fund's success will be measured by its ability to identify viable pro-crypto candidates, secure primary wins, and ultimately shift the legislative balance in Congress, applying direct financial pressure on the political process.