Chainlink & Anchorage Launch PAC for Pro-Crypto Candidates

• Chainlink Labs and Anchorage Digital have established the Blockchain Leadership Fund, a new hybrid political action committee (PAC).
• The PAC aims to support political candidates who favor the development of digital asset and blockchain policies in the United States.
• The initiative follows the 2024 election cycle, which saw 270 pro-crypto candidates win seats in Congress.

Strategic Political Engagement

Chainlink Labs and Anchorage Digital have joined forces to launch the Blockchain Leadership Fund. As a hybrid PAC, this organization is uniquely positioned to provide direct financial contributions to candidates while also funding independent expenditures, such as media advertisements. This dual-capability structure is intended to bolster the influence of the cryptocurrency industry in Washington ahead of the crucial November 3 elections.

While the specific contribution amounts from the two founding companies have not been publicly disclosed, Anchorage Digital—currently valued at $4.2 billion—confirmed it would utilize corporate resources to fund the initiative. The move comes as the industry seeks to secure a pro-innovation majority in both the House of Representatives and the Senate.

Legislative and Policy Focus

The primary goal of the fund is to advocate for legislative clarity regarding digital assets. Supporters of the PAC have identified several key bills currently moving through the legislative process:

• The CLARITY Act, which addresses crypto market structures and is currently under consideration in the Senate.
• The GENIUS Act, a payment stablecoin bill that was approved in July.

Nathan McCauley, CEO and co-founder of Anchorage Digital, has reportedly been in regular contact with lawmakers to discuss market structure. A spokesperson for Chainlink noted that candidates willing to support the CLARITY Act deserve organized and sustained backing from the blockchain sector.

Impact on the 2026 Midterm Elections

Anchorage Digital has described the upcoming year of 2026 as a pivotal era for crypto regulation. The company believes that the legislative choices made now will determine American financial leadership for decades to come. This new PAC joins a growing list of industry-funded groups, such as Fairshake, which has reportedly accumulated a war chest of more than $192 million.

The industry's political strategy follows a successful 2024 campaign, where hundreds of millions of dollars were spent to support pro-crypto candidates. With many state primaries for the 2026 cycle already concluded, the Blockchain Leadership Fund represents the next phase of the industry's efforts to shape the federal government's approach to decentralized technology.