Coinbase, Ripple, and a16z representatives to attend Republican and Democratic National Conventions

Coinbase, Ripple, and Andreessen Horowitz (a16z) plan to send delegates to the Republican National Convention (RNC) and later to the Democratic National Convention (DNC). On July 15, Politico said the companies would first "make their case to GOP power brokers" to support election results that produce policies that favor the industry, and emphasized the Republican Party's broad support for the crypto space. Politico highlighted the growing importance of crypto, citing Representative Dusty Johnson, who called crypto "an issue that more and more people are interested in." It is understood that all three companies are members of the Fairshake Super PAC, which raised $177.9 million and spent $70.9 million during the 2024 election cycle. The super PAC aims to benefit American candidates who support cryptocurrencies, regardless of their party membership. (CryptoSlate)