Crypto PACs Pour $9M Into Texas Primaries as Industry-Backed Candidates Score Major Wins

Crypto-focused political action committees are expanding their influence in U.S. politics, spending more than $9 million in Texas primary races and helping secure victories for several pro-crypto candidates ahead of the 2026 midterm elections.

One of the biggest outcomes came in Texas’s 18th Congressional District, where Houston Democrat Christian Menefee defeated veteran lawmaker Rep. Al Green in a Democratic primary runoff. The contest emerged after Republican-led redistricting reshaped Green’s longtime district, forcing a difficult incumbent battle.

Green, a member of the House Financial Services Committee, had faced strong opposition from cryptocurrency advocacy organizations due to his criticism of digital assets. Stand With Crypto previously gave Green an “F” rating after he opposed several crypto-friendly bills and argued that cryptocurrency could weaken U.S. financial dominance globally.

Following the election result, Fairshake spokesperson Geoff Vetter said the loss demonstrated the growing political power of the crypto industry. He stated that candidates opposing cryptocurrency policies may increasingly face electoral consequences, adding that Fairshake played a key role in Menefee’s victory and plans to continue supporting pro-crypto lawmakers nationwide.

Texas Republicans also saw major crypto-backed activity during the Senate primary. Attorney General Ken Paxton defeated longtime Senator John Cornyn, with crypto-focused Fellowship PAC contributing $500,000 to support Paxton’s campaign.

Meanwhile, Fairshake-affiliated groups Defend American Jobs and Protect Progress invested heavily in several congressional runoff races. Defend American Jobs alone spent nearly $1.8 million supporting Republican candidates Jon Bonck, Tom Sell, Carlos De La Cruz, and Alex Mealer, all of whom secured victories in low-turnout races that are expected to strongly favor Republicans in November.

The latest Texas primary results highlight how cryptocurrency political organizations are rapidly building bipartisan influence across the United States. With Democrats narrowly favored to regain control of Congress in the 2026 midterms, crypto industry PACs appear determined to shape the future of digital asset regulation through aggressive political spending and strategic campaign support.