- Pro-Crypto Digital Freedom Fund PAC had garnered the support of industry leaders, including Gemini’s Winklevoss brothers, Kraken, and Trump-affiliated World Liberty Financial.
- The PAC aims to support the pro-crypto and pro-innovation lawmakers, especially Republicans, in the midterms coming up in 2026.
- The PAC will, by extension, sponsor commonsense legislation, including open banking and enhancing fair banking access.
The Digital Freedom Fund PAC (Political Action Committee) has secured the allegiance of the crypto industry’s biggest names within two months of its launch. The Committee created to advance the course of digital assets in the US by primarily supporting industry-friendly lawmakers in midterms and promoting forward-leaning legislation has raised over $22 million from donations.
Digital Freedom PAC To Advance Trump’s Crypto Leadership Vision
Gemini’s Tyler Winklevoss brought the PAC to the limelight following an announcement of his donation with his brother Cameron, of $21 million or about 188.5 Bitcoin (BTC) to the political fund. The PAC, according to Tyler, is part of a broader industry effort to “help realize President Trump’s vision of making America the crypto capital of the world.”
Among the key agenda items of the PAC is funding crypto-friendly lawmakers to secure the seats in the legislature in the November 2026 midterm elections. During the 2024 elections, the crypto community funded PACS that supported President Trump and certain lawmakers, considerably facilitating the President’s re-election and the dominance of Republicans in both chambers of the legislature.
Considering that it is mostly Republicans who promote and vote for pro-crypto legislation that balances between innovation and protection, they must secure the House and Senate majority again in the midterms. That way, Democrats will have little to no chance of limiting the innovation of crypto rules to accommodate novel technologies and promote Trump’s American leadership agenda.
“We will fight against legislation that attempts to recreate Dodd-Frank for crypto, impose double standards, and force double registration, duplicative costs, and solutions in search of problems upon our industry,” said Winklevoss.
The Gemini co-founder called some thoughtful pieces of legislation, including a “skinny market structure bill that is lean and mean”—implementing long-term ideas, fighting government overreach, and providing a nurturing environment for builders and creators.
During the Biden administration, in which Gary Gensler, widely regarded as the “worst SEC Chair in US history,” headed the securities agency, the digital asset industry saw the onslaught of regulation by enforcement. Thoughtful legislation like bills of crypto rights, anti-CBDC, Open Banking, and fair banking access could eradicate these limitations and the possible resurgence of Operation Chokepoint 2.0.
WLF, Kraken, Others Support, Donate To PAC
Trump-affiliated World Liberty Financial has also declared its support for the Digital Freedom Fund PAC alongside Gemini’s founders and other crypto industry stakeholders in building the foundation to make America the global crypto capital.
In addition, Kraken co-CEO Dave Ripley announced the company’s allegiance with the crypto PAC, while presenting Kraken’s contribution of $1 million to the Committee “to support policymakers working toward real regulatory clarity and innovation.”
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