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Wu said that, according to Follow the Crypto data, cryptocurrency industry companies and related individuals have donated over $320 million to influence the 2026 U.S. midterm election cycle, with approximately $127 million flowing to Republican-related entities, about 11 times the approximately $11.5 million to Democratic-related entities; another approximately $182 million has gone to non-partisan / unknown entities.
Additionally, according to the platform's statistics, crypto-related Political Action Committees (PACs) currently hold more than $259 million in funds, with FairShake accounting for about $193 million.