Tech-Linked Groups Raise Massive Midterm War Chests

Political groups tied to the cryptocurrency and artificial intelligence industries raised tens of millions of dollars in 2025, filing reports with the Federal Election Commission that show pro-crypto groups ended the year with nearly $194 million while pro-AI super PAC Leading the Future closed with $39 million. Those war chests, alongside major Republican and Democratic outside groups such as MAGA Inc.’s $304 million and United Democracy Project’s $96 million, position tech-aligned donors to influence 2026 primaries and Washington policy debates.