Crypto-linked companies and individuals contributed at least $471 million in federal donations during the 2025–26 U.S. election cycle, nearly double the reported 2024 total, according to a guest analysis of campaign-finance records reported as of November 6, 2026. The tally includes donors with substantial crypto ties whose donations were not necessarily intended to advance crypto policy. It excludes PAC spending, which must not be added to the contribution total.
The analysis says $302 million went to or was spent on Republican-aligned candidates, compared with $96 million for Democratic-aligned candidates. Crypto-focused PACs separately spent about $163 million; the report says $88.2 million went to losing campaigns. Of 90 candidates supported by crypto super PACs, 73 won, 14 lost and three races had yet to be decided. Election results remained subject to certification.
