The crypto industry has poured $189 million into the 2026 US midterm elections. That figure, reached before the cycle is even over, already exceeds everything the sector spent across the entire 2024 presidential and congressional races combined.
According to a report by Public Citizen, that spending makes crypto the single largest source of corporate political money in the country. Not fintech. Not oil. Not pharma. Crypto.
The numbers behind the lobbying blitz
Total tracked corporate political contributions across all industries sit at $517 million. Crypto alone represents 37% of that pie.
For comparison, the industry’s total spending during the 2024 election cycle landed somewhere between $130 million and $170 million, depending on how you count it. The sector has already blown past that ceiling with months of campaign season still remaining.
