Crypto PACs spend $9 million in Texas and score wins in both parties

Industry-backed PACs supported Democratic and Republican candidates alike, underscoring digital assets’ growing role as a cross-party electoral force. What to know : Crypto-focused political committees spent more than $9 million in Texas this cycle, helping deliver a series of primary victories for industry-aligned candidates in both parties. Houston Democrat Christian Menefee ousted Rep. Al Green, a vocal crypto critic with an “F” rating from Stand With Crypto, in a rare incumbent-on-incumbent primary runoff shaped by Republican-led redistricting. Crypto-backed groups, including Fairshake affiliates and Fellowship PAC, also supported Ken Paxton’s successful challenge to Sen. John Cornyn and funded several winning Republican runoff candidates, signaling an aggressive push ahead of the 2026 midterms.