Key facts
- Crypto PACs won all their primary races in June.
- Fairshake PAC backed candidates achieved a bipartisan winning streak.
- Democrats secured 10 out of 11 victories.
Crypto PACs maintained a perfect winning record in June primaries, with Fairshake PAC backing candidates who achieved a bipartisan winning streak. Democrats secured 10 out of 11 victories, including notable wins for Zoe Lofgren, Ted Lieu, Dave Min, and Rob Menendez, alongside Republican Sen. Mike Rounds.

The success of crypto-backed candidates in primaries suggests a growing influence of the crypto industry in political funding and potentially in shaping future regulatory landscapes.
Crypto political action committees (PACs) have maintained a perfect winning record in the primary elections held throughout June. The Fairshake PAC, a prominent group supporting candidates favorable to the cryptocurrency industry, has been particularly successful, backing candidates who have achieved a bipartisan winning streak. Among the notable victories were those of Democrats Zoe Lofgren, Ted Lieu, Dave Min, and Rob Menendez. Additionally, Republican Senator Mike Rounds also secured a win with the PAC's support. Overall, Democratic candidates accounted for the majority of the wins, with 10 out of the 11 candidates backed by these crypto PACs emerging victorious.