Kraken Commits $2 Million to Pro-Crypto PACs in Major U.S. Policy and Election Push

Kraken throws down $2 million gauntlet in Washington power play.

POLITICAL ARSENAL EXPANDS

The exchange deploys serious capital to influence congressional races and regulatory battles. This isn't pocket change—it's strategic positioning against anti-crypto lawmakers.

ELECTION FIREPOWER

PACs receiving funds target key districts where digital asset policies hang in the balance. Kraken's move signals industry frustration with regulatory ambiguity.

WASHINGTON MEETS BLOCKCHAIN

The cash infusion aims to elect candidates who understand blockchain technology rather than those who see crypto as a threat. Because nothing educates politicians faster than seven-figure campaign contributions.

Kraken just bought a seat at the table—now watch the regulatory dance begin.

As the crypto industry gains influence in Washington, major players are stepping up their efforts to shape the future of digital assets. Companies and advocacy groups are increasingly supporting initiatives and candidates that promote innovation, financial freedom, and open access to cryptocurrency.

Kraken Commits $2 Million To Pro-Crypto Initiatives

In a latest move, Kraken is donating $1 million to Freedom Fund PAC and increasing its 2025 support for America First Digital to $1 million. These moves reflect the company’s commitment to protecting open and fair financial systems.

The fight for crypto in the United States is far from over.

That is why Kraken is donating $1 million to @FreedomFundPAC and increasing our 2025 commitment to @a1stdigital to $1 million.

Congress has made real progress. Market structure bills are advancing. The tone in…

Financial Freedoms Face Risk

Kraken Co-CEO Arjun Sethi highlights that the Congress has made meaningful progress, with market structure bills moving forward and the tone in Washington gradually shifting from fear to understanding. 

He calls Bitcoin both a technical and philosophical breakthrough, created in response to opaque financial systems and unchecked intermediaries. 

He explains that crypto was meant as a peaceful revolution, giving people control over their money, the freedom to transact, and the ability to build without permission.

But he warns that these freedoms are now under threat. “At stake is the Core rights of individuals in a digital age,” he said. Unclear regulations, selective enforcement, attempts to shut down infrastructure, and limits on privacy tools all put those ideals at risk. 

For Sethi, this is not just a policy debate, they are constitutional questions about how financial freedom fits into a free society.

Kraken Backs Principles Over Politics

He points out that Kraken is not backing a political party, but is supporting CORE principles. These include:

• the right to self-custody your assets, 
• the ability to build and use decentralized systems without permission, 
• the freedom to avoid surveillance-based finance, and 
• open infrastructure that anyone can access. 

These contributions are meant to shape the legal and regulatory rules that will guide crypto’s future in the U.S., benefiting not just Kraken, but every developer, founder, and user in the space.

America First Digital is a political action committee (PAC) focused on advancing pro-crypto policies within the United States. Led by Jason Thielman and Kristin Walker, America First Digital reintroduced the bitcoin Act in March. The bill would authorize the U.S. to purchase $80 billion in Bitcoin for a strategic national reserve.

Tyler Winklevoss Welcomes The Move

Kraken’s announcement quickly gained support within the crypto industry.

Tyler Winklevoss of Gemini welcomed the move, who donated $21 million in Bitcoin to the Freedom Fund PAC in August. 

The twins are backing Republican candidates who support President Trump’s crypto agenda, in contrast with broader industry efforts, which backs candidates from both parties.

Welcome aboard!Look forward to working with you and the @krakenfx team on the @FreedomFundPAC to make America the crypto capital of the world!https://t.co/PlcS0oO6XJ

Crypto PACs Gear Up For 2026 Elections

As the 2026 election approaches, crypto advocacy groups are ramping up their efforts. Just recently, a new political action committee, Fellowship PAC was launched with more than $100 million in funding to back pro-crypto candidates.

While Fairshake PAC said it had $141 million available to influence the upcoming elections as of July.