Fairshake Helps About 50 Candidates Win Nominations Ahead of U.S. Primaries' End

Crypto super PAC Fairshake has helped about 50 candidates win nominations as the U.S. primary season nears its end, including Democratic U.S. Representative Jake Auchincloss of Massachusetts and Republican candidates Barry Moore of Alabama, Andy Barr of Kentucky, Kevin Hern of Oklahoma, and Harriet Hageman of Wyoming. According to ChainCatcher, prediction markets Polymarket and Kalshi show these candidates generally have more than a 94% chance of winning in the general election. Fairshake spokesperson Geoff Vetter said the group has set aside $122 million for the fall election. According to ChainCatcher, Fairshake also suffered its biggest setback in Illinois, where it spent more than $10 million in an unsuccessful effort to block Democrat Juliana Stratton from winning the nomination. Separately, Fellowship PAC, backed by Cantor Fitzgerald and Anchorage Digital, has spent about $11 million, far below its previously stated $100 million target. The Digital Freedom Fund, funded with $21 million by the Winklevoss brothers, has not yet backed any specific candidates.