Chainlink, Anchorage Launch PAC to Shape US Crypto Rules

Edgen Crypto

·Mar 30 2026, 21:06

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Key Takeaways

A new political action committee, the Blockchain Leadership Fund (BLF), has launched with backing from industry leaders Chainlink Labs and Anchorage Digital. The move signals a deepening of the crypto industry's efforts to influence U.S. legislation, entering a political landscape where competing PACs have already committed hundreds of millions of dollars.

New Lobbying Force: The Blockchain Leadership Fund (BLF) launched on March 29, 2026, with Chainlink Labs and Anchorage Digital as founding contributors to influence digital asset policy.
Hybrid PAC Structure: The BLF is structured as a hybrid PAC, enabling it to make direct contributions to candidates and fund independent expenditures across federal, state, and local elections.
Intensifying Political Spend: The new PAC joins a field dominated by Fairshake, a rival super PAC that has already amassed $116 million for the 2026 midterm elections.

New Crypto PAC Launches to Define 'Rules of the Road'

The crypto industry's political presence expanded on March 29, 2026, with the launch of the Blockchain Leadership Fund (BLF). The new political action committee counts digital asset platform Anchorage Digital and oracle network provider Chainlink Labs as its founding contributors. Structured as a hybrid PAC, the BLF aims to influence policy at the federal, state, and local levels by making direct candidate contributions and funding independent expenditures. The group's formation, which has ties to the lobbying group The Digital Chamber, underscores a proactive strategy to shape upcoming regulations.

Crypto policy is being written right now and the companies that show up and engage will help define the rules of the road; the ones that don’t will inherit them.

— Anchorage Digital spokesperson.

BLF Enters Lobbying Field With Fairshake's $116M War Chest

The Blockchain Leadership Fund enters an already heavily capitalized political arena. The crypto sector's primary political vehicle, Fairshake, has demonstrated significant financial power, having raised nearly $300 million for the 2024 election cycle and already amassing $116 million for the 2026 midterms. Backed by industry heavyweights like Coinbase, Andreessen Horowitz, and Ripple, Fairshake achieved a 90% success rate in congressional races where it spent over $1 million. As of last month, total spending by crypto-focused political groups for the upcoming midterms had already reached approximately $288 million, signaling a sustained and large-scale effort by the industry to secure a favorable regulatory future.